Cases & Deals

Diagnóstico Maipú of Argentina sold to DASA of Brazil

Clients Diagnóstico Maipú por Imágenes S.A.

Jones Day advised the selling shareholders of Diagnóstico Maipú por Imágenes S.A. of Argentina ("Diagnóstico Maipú") under New York law in connection with the sale of Diagnóstico Maipú to Diagnósticos Da América S.A. of Brazil ("DASA"). DASA acquired 80% of the stock of the company directly and 20% of the shares indirectly, through the purchase of 100% of a holding company. A deferred portion of the purchase price was supported by a stand-by letter of credit issued by Banco Santander Brasil S.A.