1. Deal description

Guerrero Olivos represented a local investment company, Inversiones Las Hualtatas, in a CLP300 million acquisition of the control of a private hospital named Clínica Astra.

Our corporate and M&A team was in charge of the transaction, which included a thorough due diligence and the acquisition documents.

Complexity to this acquisition was the negotiation with 20 shareholders that at the same time are doctors of the hospital; a contentious contingency that was successfully addressed by our dispute resolution team; and a corporate issue with a right of first refusal that implied an amendment to the by-laws of the sellers, among others.

2. Counsel list

Counsel to Inversiones Las Hualtatas SpA. (buyer): Guerrero Olivos

Partners: Pedro Lyon, Josefina Yávar and Benjamín Ferrada

Associates: Diego Rodríguez, Jaime Antoñanzas, Pilar Illanes, Abel Flores, Catalina Melgarejo and Diego Auad

3. Date of closing

16/09/2020

4. Jurisdictions

Chile