IGBC closes above 15100 level, posts record
The Colombia IGBC index, the benchmark for the country, cruised past the 15,100 threshold Wednesday, continuing a streak of record highs for local stocks. The IGBC index closed at 15,170,…
The Colombia IGBC index, the benchmark for the country, cruised past the 15,100 threshold Wednesday, continuing a streak of record highs for local stocks. The IGBC index closed at 15,170,…
Philip Morris International Inc. said it may not proceed with its planned $452 million bid to acquire privately owned cigarette maker Productora Tabacalera de Colombia, or Protabaco, in the wake…
Banco de Bogota, the second largest bank by assets, said on Tuesday it would issue 2.2 trillion pesos ($1.22 billion) in bonds mandatorily convertible into shares. The Colombia-listed company did…
Colombia may list another 200 companies on its exchange within a decade as an integration with Peru and Chile spurs investor demand, said Cristian Moreno, head of Latin American equity…
Banco Davivienda, Colombia’s third largest bank by assets, climbed 36% in its debut in the local stock exchange, a sign of the growing appetite in the country for new listings.…
Colombian exports in August climbed 22.3% to $3.2 billion from a year earlier, the government’s statistics institute, or DANE, said Tuesday. The August figures continue a pattern of increases in…
Colombia’s competition authority on Tuesday placed conditions on the proposed $452 million acquisition by Philip Morris International Inc of a Colombian cigarette manufacturer. The move opened the door for the…
Colombia’s largest coal exporter, Cerrejon, said on Tuesday that it would expand coal production to 40 million tonnes annually and invest around $1 billion in the short term. Cerrejon is…
Brazilian mining giant Vale SA and three other companies are among the bidders for the Colombian operations of U.S. coal miner Drummond Co, according to several sources familiar with the…