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 holding company GrupoSura set a price of 32,500 pesos ($17.44) per share for its issue of preferred shares on Monday, a sale that could raise $2.1 billion to pay for part of its acquisition of ING assets. Some 120...
Colombia’s Grupo de Inversiones Suramericana SA, or Sura, said Monday it has no intention of flipping ING Groep NV’s Mexican assets, which the Colombian group is in the process of acquiring as part of a broader deal....
Colombia’s Grupo de Inversiones Suramericana SA, or Sura, plans to create a holding company for the Latin American pension unit it recently agreed to acquire from ING Groep NV and then list an equity stake in the company,...
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...
