Peru and Colombia Bolsas Postpone Merger

Peru and Colombia Bolsas Postpone Merger

M&A

The Bolsa de Valores de Colombia (BVC) and Bolsa de Valores de Lima (BVL) are delaying a merger between the two entities until they present details to Peru’s new government. The exchanges say that BVC’s plan to acquire 64% of BVL will not be altered but the holdup will no doubt raise concerns among market participants already spooked by the recent election victory of left-wing presidential candidate Ollanta Humala. This comes after an advisor to the president-elect said publicly last w

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