Holland & Knight Assists Clients in Reacquisition of Colombian Financial Institutions From AIG
MIAMI – March 29, 2010 – Holland & Knight assisted Ecuador’s Banco Pichincha C.A., Diners Club del Ecuador S.F. and other parties in their reacquisition of Inversora Pichincha S.A. and Interdinco S.A., Colombian financial institutions, from American International Group, Inc (AIG) subsidiary AIG Consumer Finance Group (AIGCFG).
The deal closed on March 24, 2010.
Holland & Knight had previously assisted Banco Pichincha, Diners Club del Ecuador and others in the sale of Inversora Pichincha and Interdinco to AIGCFG in June 2008.
The firm served as lead counsel to the buyers. Miami partner Joe Sirven and Washington, D.C. associate Maria Elisa Arango assisted the clients, together with local counsel from the Torrado Angarita & Pinzon firm in Bogota, Colombia.