Andbank Divests Stake in Columbus de Mexico with Pinsent Masons' Guidance

Deal News | Feb 11, 2025 | Iberian Lawyer

Andbank Divests Stake in Columbus de Mexico with Pinsent Masons' Guidance

Pinsent Masons has successfully advised Andbank on the divestiture of its stake in Columbus de Mexico to the Mexican asset manager Finamex. The sale is contingent upon obtaining the necessary regulatory approvals. The advisory team from Pinsent Masons was led by corporate partner Antonio Sánchez Montero, with support from associates Álvaro Estrada Reina, Koldo González Morn, and Luna Mora Crespo.

Sectors

  • Financial Services
  • Legal Services

Geography

  • Mexico – Columbus de Mexico and Finamex are based in Mexico, and the regulatory approvals needed are from Mexican authorities, highlighting the geographic focus of the transaction.

Industry

  • Financial Services – The article centers around the sale of Andbank's stake in Columbus de Mexico to Finamex, both of which are involved in asset management and investment services.
  • Legal Services – Pinsent Masons, a law firm, facilitated the transaction serving as legal advisor, showcasing the industry's role in overseeing the sale process.

Financials

  • Not Disclosed – The financial terms of the transaction between Andbank and Finamex were not disclosed in the article.

Participants

NameRoleTypeDescription
Pinsent MasonsLegal AdvisorCompanyA multinational law firm advising on the sale transaction of Andbank's stake in Columbus de Mexico.
AndbankSelling CompanyCompanyAn international private bank that is divesting its stake in Columbus de Mexico.
FinamexBuying CompanyCompanyA Mexican asset manager acquiring the stake in Columbus de Mexico.
Antonio Sánchez MonteroCorporate PartnerPersonLead lawyer from Pinsent Masons for the transaction.
Álvaro Estrada ReinaTeam MemberPersonPart of the Pinsent Masons team advising on the transaction.
Koldo González MornTeam MemberPersonPart of the Pinsent Masons team advising on the transaction.
Luna Mora CrespoTeam MemberPersonPart of the Pinsent Masons team advising on the transaction.