Grupo Sura bags ING assets
Tuesday, 26th July 2011 by Rosie Scammell
Shearman & Sterling LLP, Sullivan & Cromwell LLP and 10 Latin American firms across five countries are working towards the US$3.8 billion sale of ING Groep's assets in the region to Colombian financial holding company Grupo de Inversiones Suramericana (Grupo Sura), which marks the biggest foreign buy by a Colombian company to date.
The ING deal is the biggest foreign buy by a Colombian company (Credit: Jesper2cv via Flickr)
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