Simpson Thacher Represents The Royal Bank of Scotland in Connection with the Sale of its Subsidiaries in Mexico
04.01.14
This is only gets display when printing
The Firm recently represented The Royal Bank of Scotland, N.V. (“RBS”), in connection with the sale of the totality of its equity interest in The Royal Bank of Scotland México S.A., Institución de Banca Múltiple and Dumbarton Securities (México), S.A. de C.V., Casa de Bolsa to Grupo Investa, S.A.P.I. de C.V. (“Investa Group”).
Investa Group will initiate its banking operations in Mexico through the banking license acquired from RBS in the transaction and will focus on servicing mid-size corporate clients. With the sale of its Mexican business, RBS concluded the divestiture of its Latin American subsidiaries.
The Simpson Thacher team working on the transaction included: Jaime Mercado, Borja Marcos and Eduardo Goldberg (M&A); Marcela Robledo (Intellectual Property); and Jonathan Goldstein and Devin Heckman (Tax).