Banco del Bajío sells 20% stake to Temasek Holdings for €156 million (US$208.3 million)
Client(s) Banco del Bajío, S.A. and Institución de Banca Múltiple
Jones Day represented Banco del Bajío, S.A., Institución de Banca Múltiple in the €156 million ($208.3 million) sale of 20% of its capital stock by Banco de Sabadell, S.A. to Temasek Holdings (Private) Limited and certain minority shareholders of the Company. The representations include regulatory compliance and negotiation and review of the transaction documents, which include the Representations and Indemnity Agreement, Shareholders Agreement, Share Purchase Agreement, among others.