Lazard Owns 100% Stake Of MBA Lazard

Allende & Brea in Buenos Aires, Carey in Santiago, Brigard & Urrutia Abogados in Bogotá, Patton, Moreno & Asvat in Panama City, Rodrigo, Elías & Medrano Abogados in Lima and CMS in Madrid have helped global asset manager Lazard buy the remaining 50% it did not already own in its Latin American financial advisory business, MBA Lazard. MBA Lazard's selling shareholders hired Marval, O'Farrell & Mairal in Argentina. They are not believed to have hired external counsel in other jurisdictions.

MBA Lazard is Lazard's financial advisory arm for Latin America outside Brazil and Mexico. The value of the acquisition, which closed on 21 October, was not...