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.
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.
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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