The transaction had two stages: the purchase of Ultraserfinco’s shares and the merger where they became a single company – Heidy Monterrosa – [email protected] – Despite the challenges created by the pandemic, Credicorp Capital, a financial services company with a presence in Colombia, Chile and Peru, carried out the merger by absorption with Ultraserfinco, a … Read more
The financial institution indicated that the airline’s situation “may have a significant adverse effect on our business” – Diario Financiero – Santiago – Santander Spain reported last Friday to the Security Exchange Commission (SEC), the US financial regulator, that a probable bankruptcy of Latam Airlines “may have a significant adverse effect on our business.” This, … Read more
New York futures rose 92% in the three months through June 30 after the worst quarter on record crude – Oil posted its best quarter in nearly 30 years, recovering from this year’s historic price drop. Futures in New York rose 92% in the three months to June 30 after the worst quarter on record … Read more
The national company indicated that due to the economic crisis caused by the pandemic, it will have to renegotiate its debts with creditors. – Tostao ‘Café & Pan, a national company with four years in the market, revealed that on June 26 it filed with the Superintendency of Companies a request for admission to the … Read more
The results of this year also saw the entry, for the first time, of the Fundación Cardio Infantil, Comfama, Keralty, Mercado Libre and Netflix to the top 100 – Laura Neira Marciales – [email protected] – Organizational culture is one of the most important and differential factors when looking for and retaining talent in companies. This … Read more
The company, with 543 physical stores, indicated that the economic crisis caused by the pandemic affected its finances, but it is still viable. – Three years ago, Tostao ‘opened its 100th store in Colombia in the midst of an aggressive strategy of opening physical points and with the promise of having a concept of premises … Read more
The bank explained that the money will be used to expand the sources of resources available for the development of credit operations. – Scotiabank Colpatria announced that, through a private offer, it made a subordinated bond issue for $ 224.7 billion over a 10-year term, an amount that reinforces the bank’s capital structure. The company … Read more
The Brazilian bank announced yesterday that Álvaro Pimentel will be in charge of the entity in Colombia until next November 1 – Heidy Monterrosa – [email protected] – In the first half of the year, several reorganization moves were announced among the country’s bankers. Of the 10 banks that the Financial Superintendence classifies as foreign, Bbva, … Read more
Tesla shares are trading at $ 959.74 per share and the company has grown to approximately 48,000 employees. – Tesla Inc. has grown from Silicon Valley to the world’s second-largest automaker by market capitalization in the decade since its initial public offering. It has been a rollercoaster ride for electric car maker shareholders, who have … Read more
Televisa follows in the footsteps of American cable companies such as Comcast Corp and Charter Communications Inc – Mexican broadcaster Televisa said Sunday it will begin offering mobile phone services, an attempt to challenge America Movil for billionaire Carlos Slim, who has long dominated the country’s telecommunications market. Instead of building infrastructure, Televisa will operate … Read more