Banco de Crédito e Inversiones’s $144 Million Acquisition of Walmart Chile financial Services Business

Carey and Philippi Prietocarrizosa Ferrero DU & Uría advised on the transaction

Banco de Crédito e Inversiones finalized the acquisition of Walmart Chile financial services business for $144 Million.

Morgan Stanley and Credit Suisse acted as financial advisors.

Walmart Chile SA operates discount stores, supercenters, and neighborhood markets. The company, led by Horacio Barbeito, Stefano Rosso, Michel Awad Bahna, Gonzalo Gebara and Gonzalo Valenzuela Medina, is based in Santiago.

Banco de Credito e Inversiones (BCI) attracts deposits and offers retail and commercial banking services. The Bank, led by Eugenio Von Chrismar Carvajal, Jose Luis Ibaibarriaga and Patricio Subiabre Montero, in 2016 recorded $3.25 Billion Revenues.

Carey advised Banco de Crédito e Inversiones with Diego Peralta (Picture), Francisca Corti, Paulina Silva, Mariela Riquelme, Vesna Camelio, Manuel José Garcés and Claudia Kraemer.

Philippi Prietocarrizosa Ferrero DU & Uría advised Walmart Chile with Federico Grebe, Andrés Sanfuentes, Juan Francisco Gutiérrez. Asociados Fernanda Echavarría, Carlos Larraín and Catalina Silva.

 

Involved fees earner: Diego Peralta – Carey; Francisca Corti – Carey; Paulina Silva – Carey; Mariela Riquelme – Carey; Manuel José Garcés – Carey; Vesna Camelio – Carey; Claudia Kraemer – Carey; Federico Grebe Lira – Philippi Prietocarrizosa Ferrero DU & Uría; Andrés Sanfuentes Astaburuaga – Philippi Prietocarrizosa Ferrero DU & Uría; Catalina Silva Donoso – Philippi Prietocarrizosa Ferrero DU & Uría; Fernanda Echavarría – Philippi Prietocarrizosa Ferrero DU & Uría; Juan Francisco Gutiérrez – Philippi Prietocarrizosa Ferrero DU & Uría; Carlos Larraín Yunge – Philippi Prietocarrizosa Ferrero DU & Uría;

Law Firms: Carey; Philippi Prietocarrizosa Ferrero DU & Uría;

Clients: Banco de Crédito de Inversiones; Walmart Chile SA;

 

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Author: Ambrogio Visconti.