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Sura Launches FO

Nov 1, 2011

Colombia’s Grupo de Inversiones Suramericana has launched a COP3.9trn ($2.09bn) domestic equity follow-on, seeking funds to pay for its acquisition of ING’s LatAm pension fund and insurance assets. The conglomerate is selling 120m preferred non-voting shares...

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“The crisis has been a setback for reserve diversification."

Jan Dehn, Ashmore Investment Management