Carrión, Laffitte & Casellas sold to Hub International Ltd.
September 25, 2012
Chicago-based Hub International Limited announced it has entered into a definitive agreement to acquire full service insurance brokerage firm Carrión, Laffitte & Casellas Inc. for an undisclosed amount.
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PRT asks for ‘transparency’ in Liberty-OneLink deal
August 1, 2012
Puerto Rico Telephone, which does business as Claro Puerto Rico, has drawn the line in the sand with regards to Liberty Puerto Rico’s proposed acquisition of OneLink Communications, asking the Telecommunications Regulatory Board for transparency in the process.
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Analyst: Buying BBVA’s Puerto Rico operations will ‘immediately transform’ Oriental Bank
July 2, 2012
Last week’s announcement by Oriental Financial Group of its intention to buy BBVA Puerto Rico’s operation for $500 million will “immediately transform” the former’s day-to-day operations into a more bank-like institution, something management has been striving for in recent years, an industry analyst said over the weekend.
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Oriental Financial Group to acquire BBVA Puerto Rico for $500M
June 28, 2012
Oriental Financial Group Inc. has entered into an definitive agreement to buy Banco Bilbao Vizcaya Argentaria, S.A.’s Puerto Rico operations for $500 million in cash, the companies announced this morning.
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Popular Inc. to buy Wells Fargo Advisors LLC Puerto Rico branch assets
July 13, 2011
Popular Inc. announced Wednesday the signing of a definitive agreement with Wells Fargo Advisors LLC Puerto Rico for the acquisition of the latter company’s assets. This agreement allows Popular to acquire 1,750 accounts and assets under management for approximately $500 million, which will be handled by Popular Securities.
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San Juan-based Syndicate Holdings picks up insurance division in U.K. for $110M
July 11, 2011
San Juan-based Syndicate Holding Corp. is buying HSBC Holdings PLC’s United Kingdom motor vehicle insurance division for $110 million in cash, the latter company announced Monday.
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Triple-S to acquire American Health Inc. for $82M in cash
January 25, 2011
Putting an end to what seemed to be a pretty open secret, Triple-S Management Corp. on Tuesday announced that its subsidiary Triple-S Salud Inc. will purchase American Health Inc.’s parent company, for some $82 million in cash.
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