PHR acted as Colombian local counsel to Talanx Group in the acquisition of Liberty Mutual’s businesses in Brazil, Colombia, Chile and Ecuador. With this acquisition, Talanx becomes the third-largest insurer in Latin America through its subsidiary HDI International. The acquisition has been approved by the SFC and has been closed on March 1st, 2024.
Value: Approximately USD 1,400M
ASESORES LEGALES TALANX GROUP
Posse Herrera Ruiz
| Leading Partner(s) | Jaime Cubillos, Óscar Tutasaura y Natalia Escobar |
| Other Lawyers | Catalina Noreña, Camila Pérez Juan Camilo Zuluaga y Juliana Pérez |
Hogan Lovells
| Leading Partner(s) | Peter Cohen-Millstein, Birgit Reese |
| Other Lawyers | Aafke Pronk, Zachary Suggs, Felipe Lacerda, and Ana Laura Pongeluppi |
Brigard Urrutia – Liberty Mutual’s Colombian Counsel
| Leading Partner(s) | Darío Laguado Giraldo and Lucas Fajardo Gutiérrez, |
| Other Lawyers | Laura Ricardo Ayerbe, and Maria Celas Celi |
Skadden, Arps, Slate, Meagher & Flom – Liberty Mutual’s U.S.A. Counsel
| Leading Partner(s) | Elena M. Coyle |
| Other Lawyers | Cecelia A. MacDonald, Matthew R. Roberts, and Caroline M. Frizzo. |
