Banco de Guayaquil, Río Guayas

Date: Dec 2011

Client: Banco de Guayaquil, Río Guayas

Counterparty: ACE Group

Industry: Financial Institutions

Amount: USD 55 million

Transaction:

Landmark Alantra acted as exclusive financial advisor to Banco de Guayaquil S.A. in Ecuador on the sale of 100% of the shares of its insurance company Rio Guayas Compañía de Seguros y Reaseguros S.A. to The ACE Group for US$ 55 million. Rio Guayas is a leading P&C and life insurance company in Ecuador. The ACE Group is a global leader in insurance and reinsurance, serving a diverse group of clients and with a presence in more than 50 countries, including Ecuador. This transaction doubles ACE´s existing business in Ecuador.

Dec 2011

Financial advisor to

on the sale of 100% of Río Guayas to

USD 55 million

Contact us

Similar transactions

Jun 2025

Financial advisor to

Fairness opinion for the merger of Grupo Security with

USD 3,200 million

Leer más

Jun 2025

SECTOR

Financial Institutions

SERVICE

Read more

Dec 2023

Financial advisor to

on the sale of a stake in the company to

Undisclosed amount

Leer más

Dec 2023

SECTOR

Financial Institutions, Technology

SERVICE

Sale process

Read more

Jun 2023

Financial advisor to

on the acquisition, through a series of tender offers, of a 34.6% stake of

USD 1,373 million

Leer más

Jun 2023

SECTOR

Financial Institutions

SERVICE

Merger and acquisition

Read more

Aug 2022

Financial advisor to

on the sale of 100% of its shares to

Undisclosed amount

Leer más

Aug 2022

SECTOR

Financial Institutions, Technology

SERVICE

Sale process

Read more

Jun 2022

Financial advisor to

on the sale of 100% of its shares to

USD 53 million

Leer más

Jun 2022

SECTOR

Financial Institutions, Technology

SERVICE

Sale process

Read more