VR Business begins operations in Panama
VR Business Brokers, a multinational consulting company dedicated to the purchase, sale and appraisal of companies, starting its operation in Panama yesterday.
Thursday, January 29, 2009
Pa-digital.com.pa reports: "This company began operations yesterday in Panama, and according to Adolfo Bustamente, director of the Bustamante Group, which is associated with VR Business, the main focus will be the sale of companies valued at between 1 and 500 million dollars, although they are not casting small companies aside."
The company justified its decision on its need to focus on its core business, cement production.
Harsco, a multinational company offering services for industrial companies, bought the regional company Esco.
A Notice of Operations is the only process required in order to start up a commercial or industrial activity in the territory of the Republic of Panama.
Edgar Mendoza analyses the legal foundations for mergers and their affects on taxation in his article on La Presna Libre’s website.
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