GDP growth in Peru neared zero in April as labor unrest coupled with severe weather to block metals shipments and infrastructure investment.
Rumors on the transaction, which will lead the company to delist from the Mexican stock exchange, had been circulating for a few months.
Expected to be fully up and running in 2019, the company will be called Gestora de Inteligência de Crédito and each of the five partners will have a 20% stake.
BNamericas asks Moody's associate managing director Aaron Freedman for his views on this and what the outlook is for M&As in the region.
The investment, an initiative under the so-called Alliance for Prosperity plan, will include public and private funds, as well as US$750mn in financing from the IDB.