CMIG International’s $300 Million Acquisition of Old Mutual LatAm Operations


Mayer Brown, Durán & Osorio, Nader, Hayaux & Goebel, Guyer & Regules, Philippi Prietocarrizosa Ferrero DU & Uría and FERRERE advised on the deal

CMIG International, a Singapore-based holding company finalized the acquisition of 100% interest in Old Mutual Latin America Business.

The transaction, which is still pending approval by the corresponding authorities, would include, as it has transpired, the companies Old Mutual Mexico, Old Mutual Colombia and the Latin American investment adviser Aiva.

China Minsheng Investment Corp., Ltd. offers private equity investment services. The Company, led by Kevin E. Lee, provides equity investment management, business and financial consulting, industrial investment, and asset management services.

Old Mutual PLC operates as an international long-term savings, protection, and investment Group. The Company, led by Bruce Hemphill, Ingrid G Johnson and Sue Kean, provides life assurance, asset management, banking, and general insurance to customers worldwide. In 2017 Old Mutual recorded $1.484 Billion Revenues.

Mayer Brown advised CMIG International with K. Magnus Karlberg (Picture) and Edward Best.

In Colombia, Durán & Osorio advised CMIG International with Álvaro Gasca.

In Mexico, Nader, Hayaux & Goebel advised CMIG International with Yves Hayaux-du-Tilly Laborde, Luciano Pérez, Enrique Salcedo, Juan Pablo Sainz y Lorena Tejedo G.

In Uruguay, Guyer & Regules advised CMIG International with Florencia Castagnola, Federico Piano, Martina Reyes and Cecilia Rodríguez.

Philippi Prietocarrizosa Ferrero DU & Uría advised Old Mutual with a team including Martín Acero, Juan Fernando Gaviria, Diego Cardona, Cristina Rueda, Melissa Salazar, Diego Velandia, Carolina Toro, Daniela Patiño, Andrea Cubillos and Stephania Olmos.

In Uruguay FERRERE advised Old Mutual with Santiago Fontana, Alejandro Alterwain, María Maiorano, Isabel Laventure and Clara Porro.

Involved fees earner: Álvaro Gasca – Duran & Osorio; Yves Hayaux-du-Tilly Laborde – Nader, Hayaux & Goebel; Luciano Pérez Gómez – Nader, Hayaux & Goebel; Juan Pablo Sainz – Nader, Hayaux & Goebel; Florencia Castagnola – Guyer & Regules; Federico Piano – Guyer & Regules; Martina Reyes – Guyer & Regules; Santiago Fontana – Ferrere Attorneys; Clara Porro – Ferrere Attorneys; Alejandro Alterwain – Ferrere Attorneys; Isabel Laventure – Ferrere Attorneys; Martín Acero Salazar – Philippi Prietocarrizosa Ferrero DU & Uría; Daniela Patiño Narváez – Philippi Prietocarrizosa Ferrero DU & Uría; Andrea Cubillos Hernández – Philippi Prietocarrizosa Ferrero DU & Uría; Juan Fernando Gaviria – Philippi Prietocarrizosa Ferrero DU & Uría; Cristina Rueda Londoño – Philippi Prietocarrizosa Ferrero DU & Uría; Diego Cardona Baquero – Philippi Prietocarrizosa Ferrero DU & Uría; Diego Velandia – Philippi Prietocarrizosa Ferrero DU & Uría; Magnus Karlberg – Mayer & Brown; Edward Best – Mayer & Brown;

Law Firms: Duran & Osorio; Nader, Hayaux & Goebel; Guyer & Regules; Ferrere Attorneys; Philippi Prietocarrizosa Ferrero DU & Uría; Mayer & Brown;

Clients: Old Mutual; China Minsheng Investment Group International;

Print Friendly, PDF & Email
Avatar

Author: Ambrogio Visconti.