Ley family $348.5 million acquisition of 49% stake in Casa Ley

1/2/2018

Private acquisition

Value:

$ 348.5 million

Status:

Announced

Date:

1/2/2018

Overview:

The Ley family has acquired a 49% stake in Casa Ley for $348.5 million from Safeway, a supermarket chain.
The target company is a food and general merchandise retailer.

Katrin Kostadinova - Data analyst

Jurisdiction:

Mexico

Deal type:

Private acquisition

Practice area:

M&A

Governing law:

Mexico

Industry sector:

Food and beverage

Firms:

Jones Day

Party: Albertsons (Seller)

Lawyer: Jesús Gabriel Altamirano

Latham & Watkins

Party: Saturn (Shareholder)

Robles Miaja

Party: Casa Ley (Target)

Lawyer: Rafael Robles Miaja

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