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."

More on this topic

Extremely Easy to Open a Business in Panama

April 2012

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.

During the first quarter of this year the Panamanian system recorded 7,396 such notices, which is about 404 less than in the same period in 2011. But exceeded the 7,043 notices during the first quarter of 2010.

Holcim Sells Productos de Concreto Subsidiary

March 2012

The company justified its decision on its need to focus on its core business, cement production.

Information on the sale of Productos de Concreto was issued in a statement released by Holcim Costa Rica, although the company did not disclose the name of the firm that will acquire PC, which sells finished products.

Company Mergers in Guatemala

August 2011

Edgar Mendoza analyses the legal foundations for mergers and their affects on taxation in his article on La Presna Libre’s website.

"The Guatemalan Commercial Code contained in Congress’s Decree No. 2-70, as amended, contains no definition of a merger, and is limited to establishing the legal processes required to perform this procedure.

Harsco Acquires Esco

November 2009

Harsco, a multinational company offering services for industrial companies, bought the regional company Esco.

The acquisition is in line with Harsco's expansion strategy in South America and the Caribbean.

"ESCO will be merged into Harsco Latin America", reports Sergio Morales for elfinancierocr.com. Tomás Dueñas, president and owner of Esco assured that "current infrastructure and staff will be maintained".

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