BTG Pactual expands in Colombia with brokerage buy

Latin America’s largest independent investment bank, BTG Pactual, has turned to Skadden, Arps, Slate, Meagher & Flom LLP in the US and Colombia’s Gómez-Pinzón Zuleta Abogados to help it acquire Colombia’s largest equity brokerage, Bolsa y Renta - a move described as a strategic attempt by the bank to gain market share ahead of the merger of bourses in Chile, Colombia and Peru.

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