interfin

Publication Date:	miércoles, julio 5, 2006
News Title:	Consortium – Laclé & Gutiérrez advised Scotiabank in the negotiation and filing of the process of the tender offer and acquisition of shares of Interfin Corporation, S.A.
News Details:
Recently, David Arturo Campos B., Rolando Laclé Zúñiga and Mario Quesada Bianchini of Consortium – Laclé & Gutiérrez, acted as external counsel to Scotiabank during the process of negotiation and filing of the tender offer and acquisition of shares of Interfin Corporation, S.A., the holding company of Banco Interfin in Costa Rica. Scotiabank has agreed to acquire Interfin Corporation, the largest financial institution in Cost Rica for US$293.5 million that will be bought through a public stock offering that would include between 78% and 100% of the capital of this bank becoming the largest transaction in the Costa Rican financial sector. This transaction will not be closed until the OPA is completed in the month of August pending regulatory approval. With this transaction, Scotiabank expects to close the quarter with 41 branches, 114 cash machines and 1,250 employees.

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