Investa Bank Purchases Deutsche Bank’s Mexican Operations

October 28, 2016

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.

Corporate partners Luke Iovine, Mike Fitzgerald and Taisa Markus led the Paul Hastings team, which also included associates Melissa Garcia and Elena Jacque and foreign associate Gerardo Guajardo.

At Paul Hastings, our purpose is clear — to help our clients and people navigate new paths to growth. With a strong presence throughout Asia, Europe, Latin America, and the U.S., Paul Hastings is recognized as one of the world’s most innovative global law firms.