Paola Lozano
Paola Lozano heads the firm’s Spanish language corporate practice and has served as a member of the firm’s Policy Committee. Ms. Lozano represents a variety of clients in mergers, acquisitions, dispositions, private equity and other corporate matters, with special emphasis on cross-border and Latin American transactions.

Bio

View in: Spanish

Among many others, Ms. Lozano has represented:

  • Citigroup Inc. and its affiliates in various transactions, including:
    • the sale of its consumer banking and credit card businesses through international auction processes: to Banco Santander Rio S.A., in Argentina; to Itaú Unibanco Holding S.A., in Brazil; to Scotiabank, in Panama and Costa Rica; to Promerica Financial Corporation, in Guatemala; to Banco Financiera Comercial Hondureña, in Honduras; to Banco Ficohsa, in Nicaragua; and to Terra Group, in El Salvador;
    • its $512 million sale of Citigroup Global Services Limited to Tata Consultancy Services Limited (India), and a business process outsourcing services agreement for $2.5 billion over a period of nine and a half years; and 
    • its acquisition of the credit card and financial products businesses of Sears, Roebuck & Co., for an aggregate value in excess of $3 billion;
  • Quala Inc. in the pending sale to Unilever of its shampoo, conditioner, hair styling, oral care and fabric softener product lines in Latin America, including in Colombia, Ecuador and Mexico; 
  • Deutsche Bank AG and its affiliates in connection with its proposed sale of Deutsche Bank Argentina and its proposed sale of Deutsche Bank Mexico;
  • various investment banks, including Bank of America, Merrill Lynch and Credit Suisse as financial advisors in multibillion-dollar transactions in Latin America;
  • Cementos Argos (Colombia) and its subsidiary Argos USA in its $720 million acquisition of Vulcan Materials’ cement and ready-mix assets in Florida and Georgia, and its $760 million acquisition of Lafarge S.A.’s cement and ready-mix assets in the Southern United States;
  • MetLife, Inc. in its acquisition of a 64.3 percent stake of AFP Provida, the largest Chilean private pension fund administrator, from Spain’s BBVA. The deal included a simultaneous public cash tender offer by MetLife in the U.S. and Chile for all of the outstanding shares of Provida, for an aggregate purchase price of approximately $2 billion;
  • Marubeni Corporation (Japan) in its acquisitions of noncontrolling stakes in multibillion-dollar copper mining projects in Chile from Antofagasta plc (U.K.);
  • Grupo Mexico, one of the leading copper producers in the world with operations in the U.S., Mexico and Peru, in various complex cross-border transactions, including the unsolicited tender offer for Grupo Aeroportuario del Pacífico, S.A.B. de C. V., a company listed on the New York and Mexico stock exchanges, with a market cap in excess of $1.5 billion;
  • BHP Billiton Limited (Australia), as majority shareholder of Minera Escondida Limitada (Chile), in the purchase by a consortium led by Mitsubishi Corporation (Japan) of an additional stake in Minera Escondida from the International Finance Corporation;
  • Inversiones de Guatemala S.A., the largest rum producer in Guatemala, in its joint venture with Diageo plc (U.K.) in which Diageo purchased a 50 percent stake in the Zacapa rum business and gained distribution rights;
  • Capital International in connection with various private equity transactions in Latin America, including its investments in Mexico and the purchase of an interest in El Tejar Ltd., a worldwide agribusiness leader with operations in Argentina, Bolivia, Brazil, Paraguay and Uruguay;
  • Ace Investment Corporation in the sale of a controlling interest in Maestro Home Center, a leading home improvement retailer in Peru, to Enfoca Investments, Och-Ziff Capital Management and Magna Capital;
  • DRS Technologies, Inc. in its $5.2 billion acquisition by Finmeccanica S.p.A., an aerospace and defense company in Italy;
  • The BISYS Group, Inc. in its acquisition by Citibank, N.A. in a merger with an aggregate value of $1.45 billion;
  • International Business Machines Corporation (IBM) in its acquisition of the consulting business of PricewaterhouseCoopers worldwide, for an aggregate purchase price of $3.5 billion;
  • ESC Medical Systems Ltd., a company operating in Israel, Europe, the United States and Japan, in connection with its acquisition of assets and related liabilities of a division of Coherent, Inc.;
  • The AES Corporation in various transactions in Latin America, including its sale to Union Fenosa, a Spanish company, of its interest in three Colombian power distribution companies; and
  • Mobile Telecommunications Technologies Corp. (Mtel) in the sale of an interest in its subsidiary Mtel Latin America, Inc., a paging company operating in Argentina, Brazil, Colombia, Mexico, Paraguay, Peru, Uruguay, Venezuela and Puerto Rico.

Prior to joining Skadden, Ms. Lozano practiced law in Colombia, where she worked on a number of landmark transactions, including representing Organización Luis Carlos Sarmiento Angulo in connection with its winning bid for the concession contract to provide cellular communications services in the Western region of Colombia.

Recognition

  • Lawdragon 500 Leading Lawyers in America, 2014-2016
  • Chambers Global: The World’s Leading Lawyers for Business 2012-2016 (Latin America-wide Corporate/M&A, Finance and Capital Markets categories)
  • Chambers USA: America’s Leading Lawyers for Business 2011-2016 (Latin American Investment category). Recognized as “one of the best Latin America lawyers in the market today” who “commands in negotiations, understands clients’ needs.”
  • Chambers Latin America 2012-2016 (Latin America-wide Corporate/M&A)
  • “Latin Legal Stars” (Top 50 Lawyers Working in and with Latin America and the Caribbean), Latin Business Chronicle (2013-2014)
  • Latin America’s Top 100 Lawyers, Latinvex (2014-2017)
  • Latin America’s Top 100 Female Lawyers, Latinvex (2016-2017)
  • Latin America’s Top 50 Female Lawyers, Latinvex (2013-2015)
  • Who’s Who Legal 2013-2015
  • “Inspiring Women in Law,” Latin Lawyer, November 2013
  • 2011-2012 David Rockefeller Fellow
  • 2011 International Law Office Client Choice Awards

Credentials

Education

  • LL.M., Banking and Corporate Finance, Fordham University School of Law, 2001
  • Masters Degree, International Commercial Law, Universidad de los Andes, Bogota, Colombia, 1994
  • J.D., Universidad de los Andes, Bogota, Colombia, 1993

Admissions

  • New York
  • Colombia

Associations

  • Member, Board of Directors and Nominating Committee, Goddard Riverside Community Center

Languages

  • English
  • Spanish

Paola Lozano

Partner, Mergers and Acquisitions
paola.lozano@skadden.com