Mergers & Acquisitions ·
On June 9, 2026, Grupo Aval S.A., Banco de Bogotá S.A., Banco de Occidente S.A., and Banco Popular S.A. transferred…
AVALGrupo Aval Acciones Y Valores S.A.
On June 9, 2026, Grupo Aval S.A., Banco de Bogotá S.A., Banco de Occidente S.A., and Banco Popular S.A. transferred their entire 52.80% stake in Corporación Financiera Colombiana S.A. (Corficolombiana) to Corporación Financiera Centroamericana S.A. (Ficentro). This transfer was executed via in-kind contributions at book value. The contributing shareholders collectively hold 100% of Ficentro's share capital and maintain indirect control over Corficolombiana's 52.80% stake. Banco Popular S.A. remains the consolidating entity for Corficolombiana under an existing voting agreement. The company is a financial services conglomerate providing banking and investment services.