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GrupoSura Takes WB as Stakeholder in ING Deal

Nov 21, 2011

Colombia’s Grupo de Inversiones Suramericana (GrupoSura) has agreed to take on the World Bank as a minority stakeholder in its recent $3.76bn (EUR2.68bn) purchase of ING’s Latin American pension and insurance assets. The International Finance Corporation (IFC), the World...

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There is performance risk that the market is going to have to evaluate and assess. I think that is very healthy for the market because that will enable us to finance a much wider range of projects.

Luis Fernando Andrade, Colombian National Infrastructure Agency


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