Publish in Legal Briefs - Wednesday, January 30, 2019
Baker & McKenzie and Skadden are advising on the Advent purchase of a majority stake in Argentine payments company Prisma. (Photo: Prisma)
DEAL ADVISERS Antonio Del Pino, Latham & Watkins; Paola Lozano, Skadden and Nicolas Grabar, Cleary Gottlieb and Sergio Urias, Covington & Burling. (Latinvex collage)
Baker McKenzie, Cleary, Covington, Latham, Skadden advise deals.
BY LATINVEX STAFF
Baker & McKenzie, Covington & Burling and Skadden are advising the $724 million Advent International purchase of 51 percent of Argentina's leading payments company Prisma from a group of 14 Argentinian banks and Visa International, while Cleary Gottlieb and Latham & Watkins are advising on Spain-based telecom giant Telefónica’s sale of its Guatemala and El Salvador business to its rival, Mexico-based América Móvil for $648 million.
Keywords: America Movil, Argentina, Baker McKenzie, Cleary Gottlieb, Covington & Burling, El Salvador, Guatemala, Latham & Watkins, Mexico, Telefonica