As Brazil cools Latam heat – Garrigues moves into Colombia; SJB primes Saudi move

With Brazil’s economy continuing to disappoint during 2013, there is increasing focus on other economies across Latin America. Moving to meet that demand Iberian giant Garrigues has announced that it is to acquire Colombian outfit Zarama y Asociados.

Garrigues has secured the signatures of Zarama y Asociados sole partners, Fernando Zarama and Camilo Zarama, along with the rest of the fee earners at the firm. The deal allows Garrigues to make a significant play in one of the fastest growing and most touted of Latin America’s economies, combining the practice with the Spanish firm’s Bogota branch.

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