GRUPO BOLIVAR AND COMPAÑÍA DE SEGUROS BOLÍVAR WILL SELL THEIR STAKE IN SURA ASSET MANAGEMENT TO GRUPO SURA
Posse Herrera Ruíz acted as legal counsel to Grupo Bolívar and Compañía de Seguros Bolívar in the negotiation and execution of a share purchase agreement to sell their stake in Sura Asset Management to Grupo Sura. The total consideration is estimated at COP1.58 billion. Closing of the transaction is subject to customary regulatory authorizations.
LEGAL ADVISORS
COUNSEL TO GRUPO BOLÍVAR AND COMPAÑÍA DE SEGUROS BOLÍVAR
Posse Herrera Ruiz
Leading Partner(s) José Alejandro Torres
Other Lawyers Camilo Lovera
In-House Counsel
Leading Lawyer María Mercedes Ibáñez
COUNSEL TO GRUPO SURA
In-House Counsel
Leading Lawyer José Luis Munera
Other Lawyer Marianella Pulido