US firm Proskauer Rose LLP, Colombia’s Cárdenas & Cárdenas, Paraguay’s Palacios, Prono y Talavera Abogados, Peru’s Estudio Echecopar and Uruguay’s Ferrere Abogados have helped Colombia’s Gilinski group acquire HSBC’s businesses in Colombia, Paraguay, Peru and Uruguay – the second Colombian company to benefit from HSBC’s Latin American asset sale.

UK firm Linklaters LLP, Brazil’s Machado, Meyer, Sendacz e Opice Advogados, Colombia’sBrigard & Urrutia Abogados, Paraguay’s Estudio Jurídico Gross Brown, Peru’s Muñiz Ramírez Pérez-Taiman & Olaya and Uruguay’s Guyer & Regules advised HSBC, which announced that it had agreed to sell the assets to Gilinski subsidiary Banco GNB Sudameris for US$400 million on 11 May.

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