In compliance with the duty to disclose material information, Grupo de Inversiones Suramericana S.A. informs that its subsidiary Grupo de Inversiones Suramericana España S.L. (change of name to Sura Asset Management is underway) has formalized its share in the corporation from Uruguay currently called Pactoril S.A.
The entity was acquired within the investment funds management project in Uru...
In compliance with the duties to disclose material information, Grupo de Inversiones Suramericana S.A. hereby announces that it has completed the "Country Code" Survey of Corporate Practices, corresponding to 2011.
The contents of this survey have been published on our website www.gruposuramericana.com, as well as that of the Superintendencia Financiera (Colombian Superintendency of Finance) w...
GRUPO SURA starts 2012 with important results generating COP 178,233 million in net income growing 135% compared with the same period due to the good performance of its affiliates specially Sura Asset Management.
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In compliance with the duty of disclosing material information, Grupo de Inversiones Suramericana S.A. informs that under the operation of the acquisition of assets of ING Group in Latin America, Banagrícola S.A. – a subordinate Panamanian enterprise of Bancolombia - has completed the process to become a co-investor of the above mentioned operation.
Banagrícola shall participate contributi...
In compliance with the duties to disclose material information, Grupo de Inversiones Suramericana S.A. informs that its subsidiary in pensions, savings and investment, Sura Asset Management, formalized and agreement with Grupo Wiese from Peru for the sale of a 70% stake of InVita Seguros de Vida S.A. The closing of the acquisition will have place when all the requirements of the Peruvian regula...
Proposed distribution of profits or losses as approved by the Shareholders: The Shareholders of Grupo de Inversiones Suramericana S.A. at their Annual Ordinary Meeting held today approved the attached distribution of profits as proposed at said meeting.
Minimum preferred dividend: The Shareholders of Grupo de Inversiones Suramericana S.A. at their Annual Ordinary Meeting held today approved ...
ARTICLE ONE: NAME, TYPE OF COMPANY AND PLACE OF DOMICILE : The Company shall take the name of “GRUPO DE INVERSIONES SURAMERICANA S.A”, which may be abbreviated to “Grupo Sura”. It shall take the form of a joint-stock corporation of Colombian nationality domiciled in Medellin, Colombia. The Company is entitled to set up branches, agencies, and offices in other parts of the country as well as abr...
In compliance with current reporting requirements, Grupo de Inversiones Suramericana S.A. hereby announces certain decisions taken by its Board of Directors at a meeting held today:
Notice of Ordinary Shareholder Meeting
The Board of Directors at a meeting held today, decided to call the General Assembly of Shareholders to an Annual Ordinary Meeting to be held on March 29, 2012, at 9:00: a...
In compliance with the duty to disclose Relevant Information, Grupo de Inversiones Suramericana S.A. informs that it has been registered in the Chamber of Commerce of Medellin the appointment of Ignacio Calle Cuartas as Chief Officer (Legal Representative) of the Company on behalf of Andrés Bernal Correa.
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In compliance with the duties of relevant information disclosure established in numeral 13, literal A, article 5.2.4.1.5 of the decree 2555 of 2010, it is informed that the Board of Directors of the firm, within the framework of the acquisition operation of the pension and insurance assets in Latin America of ING Insurance International B.V., subsiadiary of ING Group N.V., authorized the legal ...
In compliance with article 5.2.4.1.6. of Decree 2555 of 2010, and with reference to the new published today in the media, Grupo de Inversiones Suramericana S.A.- Grupo Sura informs that to this date no particular operation is underway for an eventual negotiation with stock brokers or brokerage firms.
In addition, Grupo Sura confirms that it will begin the proceedings before Colombian authoriti...
In compliance with the duty to disclose Relevant Information, Grupo de Inversiones Suramericana S.A. informs that within the operation to acquire assets of ING Group in Latin America, the negotiations for the participation of the International Finance Corporation (IFC), a member of the World Bank Group, and of IFC African Latin American and Caribbean Fund, LP (ALAC Fund of IFC), as co-investors...
After having the approvals in each country and in compliance with current reporting requirements, Grupo de Inversiones Suramericana S.A. hereby announces that today it officially closed the acquisition deal with ING Insurance International B.V., a subsidiary of ING Group N.V., governing the latter´s pension and insurance assets in Colombia, Mexico, Chile, Peru and Uruguay.
The final value of t...
In compliance with the duties of relevant information disclosure, Grupo de Inversiones Suramericana S.A. informs that within the framework of the acquisition operation of the assets of ING Group Latin America, has concluded the negotiations with General Atlantic who will participate as co-investor in the acquisition over the assets previously mentioned, and is the co-investor whose name was pen...
In compliance with the duties of relevant information disclosure, Grupo de Inversiones Suramericana S.A. informs that within the framework of the acquisition operation of the assets of ING Group Latin America, the company Afinidad AFAP has received the authorization by the Central Bank of Uruguay to proceed with the change of the participation of ING Latin American Holding B.V. now being Grupo ...
In compliance with the duties of relevant information disclosure, Grupo de Inversiones Suramericana S.A. informs that has subscribed a share agreement over the company Administradora de Fondos de Pensiones y Cesantías Protección S.A. with a participation of 48.34%.
This agreement was jointly signed by Bancolombia S.A. shareholder of the 24.64% of Protección S.A. and the Colombian Family Allowa...
In compliance with the duties of relevant information disclosure, Grupo de Inversiones Suramericana S.A. informs that within the framework of the acquisition operation of the assets of ING Group Latin America, has concluded the negotiations with Sociedades Bolivar S.A. and Compañía de Seguros Bolívar S.A. for their participation as co-investors in the acquisition over the assets previously ment...
In compliance with the duties of relevant information disclosure, Grupo de Inversiones Suramericana S.A. informs that within the assets of ING Group Latin America that will be acquired, it is found the art collection that has been form by ING during several years. For this effect the subsidiary company Sura Art Corporation S.A. de C.V. has been constituted and will be the only owner of this pre...
In compliance with the duties of relevant information disclosure, Grupo de Inversiones Suramericana S.A. informs that it has made a contribution to its subsidiary Inversiones Internacionales GrupoSura S.A. of 51.000 shares of Grupo de Inversiones Suramericana España for a commercial value of EUR 1.335.563.248.
In virtue of the cited amount Grupo de Inversiones Suramericana S.A. received 176.00...
In compliance with the duties of relevant information disclosure, Grupo de Inversiones Suramericana S.A. informs that within the framework of the acquisition operation of the assets of ING Group Latin America, has received in Chile the authorization from the Chilean Securities and Insurance Supervisor (Superintendencia de Valores y Seguros - SVS) for the acquisition of 100% of the shares of ING ...
In compliance with the duties of relevant information disclosure, Grupo de Inversiones Suramericana S.A. informs that within the framework of the acquisition operation of the assets of ING Group Latin America, has received the following authorizations in Mexico:
From the Treasury and Public Credit Secretariat (Secretaría de Hacienda y Crédito Público) for the acquisition of the 99.99% of the s...
In compliance with the duties of relevant information disclosure, Grupo de Inversiones Suramericana S.A. informs that the Board of Directors approved credit operations with its subsidiaries aiming to adjust the financial structure of the acquisition operation of the assets of ING Latin America and searching to have major cost efficiency. The credits must be made in market terms, complying with ...
In compliance with the duties to disclosure material information, Grupo de Inversiones Suramericana S.A. informs that it provided the necessary guarantees to secure the obligations of its subsidiary Grupo de Inversiones Suramericana Panamá, in a credit agreement with Bancolombia Panamá S.A., for an amount of up to six hundred thirty-three million dollars (USD 633 million). The amount will be pa...
In addition to that reported on December 7, when Grupo de Inversiones Suramericana S.A. announced that it had received authorization to purchase 100% of the shares held by ING Group in ING Colombia, we would like to clarify the fact that said authorization, as issued by the Colombian Superintendency of Finance corresponded, to the acquisition of up to a 94.99% stake in ING Colombia’s share capi...
In compliance with current reporting requirements, Grupo de Inversiones Suramericana S.A. hereby announces that as part of the upcoming acquisition of the assets belonging to ING Group in Latin America, a strategic cooperation agreement has been signed with Grupo Wiese in Peru, governing the operations of InVita Seguros de Vida y Pensiones in this same country. This alliance shall allow us to c...
In compliance with current reporting requirements, Grupo de Inversiones Suramericana S.A. hereby announces that as part of the upcoming acquisition of the assets belonging to ING Group in Latin America, it has received due authorization from the Colombian Superintendency of Finance to purchase 100% of the shares currently held by the ING Group in ING Administradora de Pensiones y Cesantías S...
In compliance with the duties to disclosure material information, Grupo de Inversiones Suramericana S.A. informs that the total amount of shares with a preferred dividend and non-voting rights allocated were 106,334,963 representing a total amount of $3,455,886,297,500 Colombian pesos. 21.6% of these shares were awarded to retail investors, 20.7% to pension funds, 28.9% to international investo...
In compliance with current reporting requirements, Grupo de Inversiones Suramericana S.A. hereby announces that Bancolombia has informed us that it is currently carrying out the corresponding steps with its governing bodies to determine whether to participate as a co-investor in Grupo de Inversiones Suramericana's acquisition of ING´s Latin American assets. We shall be providing the final detai...
As a result of its latest public offering of shares and in compliance with that stated in the prospectus corresponding to the issue and placement of these non-voting shares carrying a preferred dividend, notice of which was given on October 31, 2011, Grupo de Inversiones Suramericana S.A. hereby announces that UBS AG London Branch shall acquire a total of 30.000.000 shares.
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In compliance with current reporting requirements, Grupo de Inversiones Suramericana S.A. hereby announces that it has now placed its issue of non-voting shares carrying a preferred dividend, the value of which came to approximately COP 3.5 billion. With this the Company has obtained the total amount of funds required for the acquisition of ING´s Latin American assets. We shall be providing the...
In compliance with the duties to disclosure material information, Grupo de Inversiones Suramericana S.A hereby announces that it has received confirmation from a third co-investor to participate in the acquisition currently being conducted by Grupo de Inversiones Suramericana of the ING assets in Latin America, with an amount of USD 300 million.
The co-investor is a well-known private investme...
Sociedades Bolívar has confirmed its intention to participate as a co-investor, with a total of USD 400 million, in the acquisition of ING´s Latin American assets on the part of Grupo de Inversiones Suramericana. Here good progress is being made with obtaining the required official authorizations in order to close the deal at the end of 2011.
“We are especially pleased that Grupo Bolívar ha...
In compliance with the duties to disclose material information, Grupo de Inversiones Suramericana S.A. informs that based on the authorization of its Board of Directors, today has pledged 29.040.000 common shares of Nutresa S.A. in favor of Bancolombia S.A. and/or Bancolombia Panamá to secure present and/or future operations on the part of Grupo de Inversiones Suramericana S.A. and/or any of it...
In compliance with the duty to disclose Relevant Information, Grupo de Inversiones Suramericana S.A. informs that the Board of Directors of Corporación Financiera Internacional –IFC- which is in turn a member of the World Bank Group, approved today the participation of IFC as a co-investor of Grupo de Inversiones Suramericana in the project targeted to acquire the assets of ING in Latin America...
In compliance with the duties of disclosure of Material Information, Grupo de Inversiones Suramericana S.A. reports that in the licensing procedures for the acquisition of pension assets, life insurance and investment management of ING in Latin America, the Dutch Central Bank (De Nederlandsche Bank NV) granted authorization to ING Group and its related entities to make such sales to Grupo de In...
In compliance with the duties to disclose material information, Grupo de Inversiones Suramericana S.A. informs that based on the authorization of its Board of Directors, today has pledged 8.875.000 common shares of Inversiones Argos S.A. in favor of Bancolombia S.A. and/or Bancolombia Panamá to secure present and/or future operations on the part of Grupo de Inversiones Suramericana S.A. and/or ...
GRUPOSURA’s net income reaches $247.2 million, increasing 2.8%, excludingnon recurrent income in 2010 and the expenses coming from recent projects inwhich the company is involved. The Company recorded a positive balance at the end of Q3 2011, with YTD profits reaching COP247,180 million. This was mainly due to having received COP 205.779 million in dividends andinterest payments on its investment...
In compliance with current reporting requirements Grupo de Inversiones Suramericana S.A. hereby announces that its Board of Directors has approved the rules and regulations governing the issue and placement of 120 million non-voting preferred shares.
These shares shall be subject to a public offering once due authorization has been obtained from the Colombian Superintendency of Finance for wh...
In compliance with the duty to disclose Relevant Information, Grupo de Inversiones Suramericana S.A. informs that the incorporation of two subsidiaries - Grupo de Inversiones Suramericana Holanda B.V. and GrupoSura Holanda B.V - was registered today in the Dutch commercial registry.
Both corporations are domiciled in Amsterdam and are ruled under Dutch laws; each has a subscribed capital of E...
With 25 million customers, GRUPOSURA will become the leader in mandatory pension funds and one of the top players in savings and investment in Latin America.
GRUPOSURA signs agreement to acquire the pensions, insurance and investment fund operations of ING Group in Latin America
The transaction strengthens GRUPOSURA’s position as a major provider of financial services in Latin America ...
In compliance with the duties to disclose material information, Grupo de Inversiones Suramericana S.A. informs that today it was incorporated a subsidiary called Grupo de Inversiones Suramericana, S.L.. In the following days it will conclude its registration under the Spanish Commercial Register. This corporation has its domicile in Madrid, therefore will be governed by Spanish law; has a paid...
Grupo de Inversiones Suramericana was admitted to the index in the first application that it filed.
The Organization has an established record as one of the leaders in corporate sustainability in Colombia and Latin America.
Grupo de Inversiones Suramerica was included in the 342 companies that comprise the Dow Jones Sustainability Index, positioning itself as one of the leading ...