PPU acts in purchase in Grupo Patio in favour of Algeciras

PPU acts in purchase in Grupo Patio in favour of Algeciras

Philippi Prietocarrizosa Ferrero DU & Uría Chile has advised Grupo Algeciras (Inversiones Antares), in the purchase, together with Inversiones SMLP and Petra, of a 35% stake in Grupo Patio from the Jallaff family and other shareholders.

This transaction was completed on 1 April for approximately USD 80 million. Inversiones Antares, Inversiones SMLP Chile Limitada, and Petra acted as buyers; while Inversiones Santa Teresita, Fondo de Inversión Privado 180, Inversiones Araucaria, and Inmobiliaria e Inversiones Pitrén Limitada acted as sellers.

MICP Legal, Jara del Favero, PPU and Bofill Mir, acted as advisors to Inversiones SMLP, Petra and Grupo Algeciras. Claro, Carey and MBC acted as the sellers’ legal counsels.

MICP Legal’s team included partner Rodrigo Cuchacovich.

Jara del Favero’s team was represented by partner Sven Herlin.

PPU’s team consisted of partner Juan Pablo Wilhelmy and senior associate Martín Cruzat.

Bofill Mir’s team comprised partners Octavio Bofill and Ana María Yuri, director Andrea Alarcón, senior associate Antonia Ballacey and associate Andrés de Iruarrizaga.

Claro’s team was led by partner Felipe Larraín.

Carey’s team involved partner Salvador Valdés.

MBC’s team featured partners Carolina Menichetti and Benjamín Salas, along with senior associate Guillermo Bobenrieth.


The Latin American Lawyer