News Releases

Liberty Latin America Completes Acquisition of Claro Panamá


Deal Description: On July 1, Liberty Latin America Ltd. (“Liberty Latin America” or “LLA”) (NASDAQ: LILA and LILAK, OTC Link: LILAB) announced that its 49%-owned subsidiary Cable & Wireless Panamá S.A.’s (“Cable & Wireless Panamá” or “Más Móvil”) has completed its acquisition of América Móvil S.A.B. de C.V.’s (“AMX”) operations in Panama (“Claro Panamá”), one of Panama’s largest fixed and wireless retail telecommunications providers.

The acquisition will result in the combination of Claro Panama with Cable & Wireless Panamá.

Baker Botts acted as legal advisor to Liberty Latin America.

The company’s press release can be found here.

Baker Botts Lawyers/Office Involved:

Corporate: Jonathan Gordon (Partner, New York), Jim Marshall (Partner, Houston), Grace Matthews (Senior Associate, Austin), Carlos Marquez (Associate, Washington, D.C.), Henry Klimowicz (Associate, New York), Charlie Gili (Associate, New York)

Tax: Jon Lobb (Partner, Houston), Peter Farrell (Special Counsel, Washington, D.C.)

Antitrust: Paul Cuomo (Partner, Washington, D.C.), Matt Adler (Partner, Washington, D.C.), Taylor Owings (Partner, Washington, D.C.)

Employee Benefits: Gabriela Alvarez (Associate, Houston)

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