Transactions

Grupo Unicomer expands with the acquisitions in the Caribbean

April, 2016

Grupo Unicomer has concluded the acquisition of assets of electronics store Omni; operating in the islands of Curacao, St. Maarten and Bonaire through 6 stores. The closing took place on April 11, 2016.This acquisition represents an important step in Unicomer’s expansion strategy within the Dutch sp...

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ARIAS ACHIEVED THE FIRST ADVANCE RULING OF ORIGIN IN THE FRAMEWORK OF CAFTA-DR

February, 2016

The tax teams of Arias worked together through three jurisdictions in obtaining the first Advance Rulings of Origin issued by the tax authorities of Guatemala and Costa Rica under the rules of the Free trade Agreement between the United States, Central America and the Dominican Republic (CAFTA-DR),...

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ARIAS ASSISTS IN A PROJECT THAT WILL CHANGE THE REAL ESTATE BUSINESS IN NICARAGUA

February, 2016

Plaza Centroamérica, S.A. inaugurated on February 10, 2016 the project called "Plaza Centroamérica", valued in $10.5 million; this project aims to give a new appeal to Managua with a high added value. the project involves the construction of an eight-floor building, that will house restaurants and o...

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ARIAS EL SALVADOR ADVISES CITIBANK AND GRUPO TERRA IN SALES PURCHASE AGREEMENT

January, 2016

Arias has advised Grupo Terra in the signing of an SPA which would allow them to acquire the majority of shares of Citibank's Consumer banking business and Insurance business in El Salvador, operated by Citibank El Salvador, S.A. and other legal vehicles and Seguros e Inversiones (SISA) and its subs...

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