The sale of Seguros del Pacifico has been finalized, through an agreement of 100% of its shares to Grupo Atlántida. Seguros del Pacifico belonged to Corporación TS.
Arias advised the seller on the execution of the share purchase agreement, also on the regulatory approvals´process and the closing of the transaction, which is of great value to Grupo Atlántida because it helps them expand their financial services´portfolio in El Salvador.
Seguros del Pacífico is a company that has a wide track record in the insurance and bonds industry.
Counsels in charge:
Partner: Ana Mercedez López, Arias El Salvador.
Senior Associate: Rafael Burgos, Arias El Salvador