Nexus Group’s $240 Million Sale of 6.3% of InRetail Peru

BBGS Abogados advised on the deal

Nexus Group executed the sale of its 6,3% interest in InRetail Peru for $240 million.

BTG Pactual acted as financial advisor of the selling shareholder.

Nexus Group is the private equity arm of Banco Internacional del Peru SAA – Interbank specializing in buyouts, mature, emerging growth, and growth capital investments.

Inretail Peru Corp is a multi-format retailer operating exclusively in Peru with nationwide presence in three business segments: supermarkets, pharmacies and shopping centers.

BBGS Abogados advised Nexus Group with Carlos Saco-Vertiz Tudela (Picture) and Jaime Sabat Pancorvo.

Involved fees earner: Jaime Sabat Pancorvo – BBGS Abogados – Sacovertiz & Landerer; Carlos Saco-Vertiz Tudela – BBGS Abogados – Sacovertiz & Landerer;

Law Firms: BBGS Abogados – Sacovertiz & Landerer;

Clients: Nexus Group;

Author: Ambrogio Visconti.