trending Market Intelligence /marketintelligence/en/news-insights/trending/zob63mdyx378nabnal9aog2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

In This List

Grupo Sura shareholders approve absorption of units

Street Talk Episode 61 - Investors debate if U.S. banks have enough capital in post COVID world

You Down With PPP? Consider The Risks

Street Talk Episode 60 - You Down With PPP? Consider The Risks

Street Talk Episode 56 - Latest bank MOE shows even the strong need scale to thrive

Grupo Sura shareholders approve absorption of units

Grupo de Inversiones Suramericana SA's shareholders on March 23 approved a reorganization plan under which the Colombian company will absorb foreign units Gruposura Finance and Grupo de Inversiones Suramericana Panamá SA.

Bondholders will also vote on the plan April 9, which aims to simplify the group's organizational structure, according to previous statements. The move is in line with a Colombian law that calls for financial conglomerates to have simple corporate structures in order to facilitate their supervision by regulators in different jurisdictions. The revamp will also result in economic and administrative benefits for the company.

The proposal will not have any impact on the group's capital position or on the value of its shares, Grupo Sura said.