DLA Piper Advises Proteak Uno in the Implementation of a Strategy for Subscription of Shares of Treasury Stock

8/31/19

DLA Piper represented Proteak Uno, S.A.B. de C.V. (TEAK), a Mexican company active in the international forestry sector, in the development and implementation of a corporate and market strategy for the company’s current shareholders to subscribe a portion of the shares held in TEAK’s treasury (represented by Ordinary Participation Certificates, or CPOs), through an initial subscription that successfully concluded on August 12.

The funds raised from the subscription will allow TEAK to continue its business expansion and increase its commercial forest plantations portfolio.

The DLA Piper team representing Proteak was led by partner Xavier Mangino and included associate Adolfo Obregón (both of Mexico City).

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