Proteccion Buys AFP Crecer

Proteccion Buys AFP Crecer


Colombian pension fund Proteccion says it is acquiring El Salvador-based peer AFP Crecer for $103m through a combination of stock and cash on hand. The seller is Bancolombia. Proteccion is a subsidiary of Colombian insurance conglomerate Suramericana

Already have an account?

Free trial

Take a free two-week trial now for the latest news, data and market analysis.

Free Trial