January 29, 2013
Grupo de Inversiones Suramericana (Sura) has agreed to sell 7.51% of the Pr
Grupo de Inversiones Suramericana (Sura) has agreed to sell 7.51% of the Proteccion pension fund to Alberta Investment Management (AIMco), it says, for a total of COP134bn ($75m). The deal includes the transfer of 1.9m shares to AIMco’s Cornerstone unit, at a price of COP70,000 per share. Upon completion, Sura will own 49% of Proteccion through direct and indirect holdings. Proteccion shares closed at COP69,980 Monday.