Invest Offshore

Tag: Bank in Uruguay

  • Advent International Acquires Largest Bank in Uruguay

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    by

    Aaron
    in

    Buyout specialist Advent International has completed its $167 million acquisition of Nuevo Banco Comercial SA, the largest commercial bank in Uruguay. The deal was first announced in September and recently won approval from Uruguay’s central bank, the key financial services regulator in that country. Advent had originally predicted that the deal would close in December.…