In recent years, Panama has witnessed a series of large corporate mergers involving some of the most important companies in the country. Current regulations serve to minimize the tax effect of these transactions, thereby providing incentives for M&A operations.
Morgan & Morgan has been actively involved in some of the largest share and asset mergers and acquisitions in the country, involving both local and foreign investors.
Our attorneys have participated in all aspects of these transactions, including carrying out the due diligence process, participating in party negotiations, drafting the necessary agreements, and preparing and coordinating closing.
Among the recent high-profile transactions where the firm acted as counsel is the purchase of the largest brewery in Panama by a South American conglomerate, and the largest bank merger in Panamanian history. In addition, both transactions involved public tender offers issued through the National Securities Commission of Panama, which provided an additional level of complexity to these operations. The high level of success achieved in these transactions, served to further cement Morgan & Morgan’s credentials as a leader in this sector.