Colombia's Grupo Sura has its eyes on El Salvador

Colombia's Grupo Sura, a conglomerate with companies in finance, food and energy, plans to expand its financial business across Latin America.

The group has chosen Mexico, El Salvador and Uruguay, where it will introduce its insurance, pensions and mutual funds products.

Grupo Sura already acquired 63 percent of Peru's InVita insurance company, for $138 million, as well as the Latin American arm of Holland's ING for $3.5 billion.




Full story (in Spanish)