GRUPO BOLIVAR AND COMPAÑÃA DE SEGUROS BOLÃVAR WILL SELL THEIR STAKE IN SURA ASSET MANAGEMENT TO GRUPO SURA
Posse Herrera RuÃz acted as legal counsel to Grupo BolÃvar and CompañÃa de Seguros BolÃvar 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 BOLÃVAR AND COMPAÑÃA DE SEGUROS BOLÃVAR
Posse Herrera Ruiz
Leading Partner(s)   José Alejandro Torres
Other Lawyers      Camilo Lovera
In-House Counsel
Leading Lawyer     MarÃa Mercedes Ibáñez
COUNSEL TO GRUPO SURA
In-House Counsel
Leading Lawyer     José Luis Munera
Other Lawyer       Marianella Pulido