Investa Bank Purchases Deutsche Bank’s Mexican Operations
NEW YORK – Paul Hastings LLP, a leading global law firm, announced today that it has advised Investa Bank, S.A., in connection with its purchase of Deutsche Bank’s Mexican operations.
Investa Bank, S.A. is seeking a capital increase of approximately $2.5 billion pesos (US$133 million) to help fund the purchase of the Mexican operations.
The transaction, which is subject to regulatory approval, is Investa Bank, S.A.’s second purchase in three years, having purchased Royal Bank of Scotland's Mexican assets in 2014. The transaction is expected to close at the end of 2017.
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