Alcogal advised Banco Panamá in connection with its acquisition by Banco Aliado by way of a merger between Grupo Centenario de Inversiones, the owner of 100% of the shares of Banco Panama, with Allied Pacific, a subsidiary of Banco Aliado, with Allied Pacific being the resulting entity. The transaction is pending regulatory approvals and is expected to close Q3 2019. 

Our team in charge of this transaction was led by partner Eloy Alfaro B. and associate Rita de la Guardia.

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