Itaú’s Acquisition of Providencia in Paraguay

Ferrere advised Itaú on the transaction.
Palacios, Prono y Talavera Abogados advised Providencia.

Itaú executed the acquisition of 100% of the shares of Providencia S.A. de Seguros, a local insurance company, to expand its line of business in Paraguay.

Banco is a Brazilian financial services company headquartered in São Paulo, Brazil.

Ferrere advise Itaú with a team including Verónica Franco (Picture), Carlos Codas Zavala, Fernanda Benítez Aguilera and Claudia Arietti.

Palacios, Prono y Talavera advised Providencia S.A. de Seguros with a team including Carlos Alberto Palacios Cañellas and Juan Carlos Palacios.

Involved fees earner: Claudia Arietti – Ferrere Attorneys; Fernanda Benitez – Ferrere Attorneys; Carlos Codas – Ferrere Attorneys; Verónica Franco – Ferrere Attorneys; Carlos Palacios Cañellas – Palacios, Prono y Talavera Abogados; Juan Pablo Palacios Velázquez – Palacios, Prono y Talavera Abogados;

Law Firms: Ferrere Attorneys; Palacios, Prono y Talavera Abogados;

Clients: Banco Itaú; Providencia S.A. de Seguros;

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Author: Ambrogio Visconti