Chilean bank Corpbanca SA’s (BCA, CORPBANCA.SN) shareholders on Tuesday approved a $650 million capital increase, corresponding to the issue of 48 billion new shares, to finance the acquisition of Banco Santander...
Read MoreColombia’s main stock index rose sharply Tuesday, fueled by gains in oil and financial shares, while the peso appreciated against the dollar. The Colcap index, the benchmark for Colombia’s most heavily traded shares,...
Read MoreToronto based Iamgold said on Tuesday it has acquired a 13.2% stake in privately-held exploration company Tolima Gold, the latest in a string of small Colombia-focused investments. Toronto-based Iamgold has announced three...
Read MoreThe telecommunications unit of Colombian state utility company Empresas Publicas de Medellin SA, or EPM, said it issued 300 billion pesos ($157 million) worth of inflation-indexed bonds in the local market. Demand for the...
Read MoreColombia’s emergence from 50 years of guerrilla warfare has led to record high oil output that requires more investment in once off-limit areas to secure long-term production growth, experts said. It is a tantalizing...
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