Alcogal advised Grupo APC, S.A. in the sale of a majority stake in its subsidiary APC Buró, S.A., to Experian Latam Holdings Unlimited, a member of the Experian group.
APC Buró, the sole credit bureau in Panama, began operations in 1957 providing valuable consumer credit reports. Experian is a world leader in information services helping companies and consumers around the world to access credit and maximize financial inclusion and has been named one of the most innovative companies in the world by Forbes.
The transaction is subject to customary closing conditions, such as contractual and regulatory approvals. Closing is expected by mid-year.
Alcogal’s advisory team for this transaction included partners Patricia Cordero, Rita de la Guardia, Jaime Castillo (on antitrust matters), and associate Rafael Amar.