With $ 298.1 mm, Bancolombia completes acquisition of 100% of Grupo Agromercantil de Guatemala

Colombian banking group Bancolombia announced that it acquired 40% of the shareholding of Grupo Agromercantil Holding (GAH), the company that owns the Guatemalan Agromercantil Financial Conglomerate. With this acquisition, Grupo Bancolombia consolidates 100% of the shareholding, after $289.1 mm transaction, paid on the date to the seller, BFC BAM Financial Corporation.

Source: Valora Analitk