Assa Acquires Metropolitan Insurance CompanyASSA Group acquired 98.7% of stock of Metropolitan Insurance Company.Friday, January 21, 2011 Eduardo Fabregas, Vice President of ASSA Insurance Company of Panama, told media: "With this acquisition, we will provide a serious and responsible service to our clients and brokers, also Metropolitan ASSA will have more resources at their disposal, offering a regional service to clients who do business outside of Nicaragua." Source: elnuevodiario.com.ni Bancolombia Buys 40% of a Guatemalan bankDecember 2012 Grupo Bancolombia has agreed to acquire 40% of the ordinary shares of Grupo Financiero Agromercantil, with the possibility of acquiring a controlling interest in the medium term. Nicaragua: Legal Challenge to Commercial Poultry Farming MergerApril 2011 The challenge seeks to reverse authorization given for the US company Cargill to take over Pipasa. Suramericana Purchases Insurers in El SalvadorNovember 2010 Before the end of the year the company expects to close the purchase of Asesuisa y Asesuisa Vida and pension fund manager AFP Crecer. Walmex Concludes Purchase of Walmart Central AmericaFebruary 2010 Walmart México (Walmex) concluded the purchase of Walmart Central America with a $110 million cash payment. |
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