
Corporate/M&A
Latin America Guide 2027 : Panama
Rankings

Ranked Individuals
Ranked Individuals
About
Provided by Arias, Fábrega & Fábrega
ARIFA has a constant deal flow of M&A transactions second to no other in Panama. Local leaders in terms of dollar value of domestic and cross-border deals, complexity and frequency of transactions.
The firm has successfully obtained antitrust regulatory approval for several of the largest and more difficult acquisitions in Panama.
Multidisciplinary approach to M&A transactional advice. Real specialists with a wide range of experience across many industries and legal practice areas work together to respond efficiently and proactively to all issues arising during complex commercial negotiations and fast-moving M&A transactions in Panama and the Latin America region with comprehensive and customized solutions adapted to the customer needs.
Recent work highlights
- Fanatics' acquisition of FexPro
- Moody’s Corporation's acquisition of SCRiesgo
- PSA Marine Americas’ acquisition of a 45% stake in Meyer's Tugs
- US$60 million Hyatt Hotels' acquisition of Mr & Mrs Smith
- US$36 million Lenus Capital Partners’ acquisition of the Medicadiz Hospital
- Inversiones Atlántida's acquisition of Pacific Bank
- IMC Alimentação's sale of its restaurant operations at Tocumen Airport
- Mediam Group's sale of a minority stake to Aleph Group
- Stonepeak - U$2.7 billion acquisition of Lumen Latin American Business.
- Simon Property - Sale of Forever 21’s Panamanian and Latin American operations to AR Holdings.
- McDermott International - Merger deal with Chicago Bridge & Iron Company (CB&I)
Clients (13)
- JPMorgan Securities Inc.
- Banco General
- Global Bank
- Bank of America Merrill Lynch
- Citibank / Citigroup Global Markets
- Goldman Sachs
- Morgan Stanley & Co Incorporated
- Banco Latinoamericano de Comercio Exterior (Bladex)
- Caribbean Property Group, LLC
- E. León Jimenes
- McDermott International
- Inchcape
- Stonepeak
Industries (15)
- Automobiles & Parts
- Banks
- Commercial & Professional Services
- Consumer Product Manufacturing
- Energy
- Financial Services
- Food & Drink Producers
- Government
- Media
- Mining & Metals
- Private Clients / Individuals
- Real Estate
- Telecommunications
- Travel & Leisure
- Utilities
Chambers Review
Provided by Chambers
Work Highlights
Provided by Chambers
Arias, Fábrega & Fábrega advised Cemex on the sale of its operations in Panama to Grupo Estrella.
Strengths
Provided by Chambers
Arias, Fábrega & Fábrega's lawyers demonstrate rigorous attention to detail and compliance, excel in complex and at times challenging negotiations, and offer sound strategic judgement for difficult decisions. Their response times are unmatched, as is the quality of their deliverables, and their understanding of our business and commercial objectives is second to none.
Corporate/M&A respondentLatin AmericaArias, Fábrega & Fábrega has strong corporate and M&A expertise and a practical, business-oriented approach. The team is consistently responsive and identifies issues early, helping deals move forward more efficiently.
Corporate/M&A respondentLatin America
Notable Practitioners
Provided by Chambers
Senior Statespeople 
Senior Statespeople 
Ricardo M Arango
Senior statesperson Ricardo Arango boasts a significant practice advising clients on cross-border transactions. The market recognises him for his longstanding career in the Panamanian M&A domain.
Ricardo Arango is widely recognised in Panama for his legal expertise, creativity and vision. His ability to look beyond conventional approaches enables him to develop effective solutions to complex challenges and distinguishes him as a leader in the legal profession.
Corporate/M&A respondentLatin America
Band 2 
Band 2 
Andrés Rubinoff
Dynamic partner Andrés Rubinoff receives significant recognition from interviewees for his expert handling of complex M&A transactions in Panama. Andrés Rubinoff is an excellent negotiator with strong business and commercial judgement. His sincerity, combined with his ability to navigate difficult conversations, makes him a trusted adviser.
Corporate/M&A respondentLatin America
Band 2 
Band 2 
Estif Aparicio
Well-regarded partner Estif Aparicio is endorsed by market interviewees for his strong skills in the Panamanian corporate and M&A arenas. Estif Aparicio is a skilled lawyer with extensive experience and a strong understanding of his clients’ needs. His commitment to his clients is absolute and he maintains a strategic approach, always striving to add value to their businesses.
Corporate/M&A respondentLatin America
Band 4 
Band 4 
Javier Yap Endara
Javier Yap Endara is noted in the Panamanian corporate and M&A market for his work on acquisitions, disposals and cross-border transactions.
Javier Yap Endara is excellent in negotiations, with exceptional business judgement and the ability to look beyond immediate issues. He is also an effective communicator.
Corporate/M&A respondentLatin America
Ranked Individuals at Arias, Fábrega & Fábrega (4)
Members
Provided by Arias, Fábrega & Fábrega

Rodrigo Cardoze

Donald P. Canavaggio

Cedric Kinschots

Ana Isabel Quijano


Fernando Arias F.

Isabella de la Guardia

Javier Yap Endara
View profile of Javier Yap Endara
Estif Aparicio
View profile of Estif Aparicio
Andrés Rubinoff
View profile of Andrés Rubinoff
Arias, Fábrega & Fábrega has rankings in the following guides
Band 1
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