Colombia’s benchmark stock index fell Friday despite gains in the heavily weighted oil shares, while the peso was nearly flat against the dollar. The Colcap index, the benchmark measure for Colombia’s largest...
Colombian companies negotiated share deals worth $4.4 billion in the final six months of 2011, more than any other South American country. Grupo de Inversiones Suramericana offered $1.8 billion in order to finance the purchase...
As Chilean firm CorpBanca prepares to enter Colombia’s banking sector with the purchase of Banco Santander SA’s local unit there, it will have a powerful Colombian conglomerate, Grupo Santo Domingo, to help guide it....
The International Finance Corporation, a member of the World Bank group are to act as a co-investors for the acquisition of ING assets by Colombian investment conglomerate, Grupo de Inversiones Suramericana S.A. Friday Grupo de...
Colombian financial group GrupoSura’s stock dropped 2.16% as Standard & Poor’s discusses downgrading its debt. The credit ranking agency said that it might downgrade the company’s credit rating to...
