Penta and Santa valeria sold private health insurer Banmedica io Unitedhealth Group

Posse Herrera Ruiz acted as legal advisor in Colombia to holding company “Empresas Penta” and investment company “Santa Valeria” in the sale of private health insurer Banmédica for USD $2.7 billion worldwide to US healthcare provider UnitedHealth Group. The transaction involves the Penta and Santa Valeria’s companies in New York (USA), Santiago (Chile) and Bogotá (Colombia).

LEGAL ADVISORS

Counsel to United Health Group

Sullivan & Cromwell LLP - Partners Sergio Galvis, Keith Pagnani, Werner Ahlers, Davis Wang and Neal McKnight, special counsel Lucas Carsley and associates Mateo Todd Aceves, Michael Hogan, Joshua Lerner, Mehdi Ansari and Joshua Steinberger in New York; and partner Ben Perry and associate Anna Chirou in London.

Hogan Lovells - Partner Evan Koster and associate Gregory Hafkin in New York.

Rodrigo, Elias & Medrano Abogados - Partners Jean Paul Chabaneix and Maria del Carmen Alvarado and associates Augusto Caceres, Mariana Delgado, Jose Diego Ruiz Huidobro, Marco Zaldivar and Mariana Gonzalez-Prada in Lima.

Carey - Partners Jaime Carey, Cristián Eyzaguirre and Francisco Guzmán, and associates Marco Antonio Muñoz, Manuel Alcalde, Nicolás Calderón, Sergio Mesías and Carlos Alcalde in Santiago

Brigard & Urrutia Abogados - Partners Jaime Robledo and Sergio Michelsen, and associates Jeison Larrota, Luis Miguel Centanaro, Natalia Gutiérrez De Larrauri and María Villegas in Bogotá

Counsel to both - Penta and Santa Valeria

Debevoise & Plimpton LLP - Partner David Grosgold in New York.

Posse Herrera Ruiz – Partners Jaime Cubillos, Juan David Velasco and associates Silvia Otero and Michelle Visbal.

Counsel to Santa Valeria

Claro & Cía - Partner Rodrigo Ochagavía and associates Gerardo Otero, Andrés Del Sante, María Jesús Muñoz and Felipe Ríos.