Grupo Aval buys Guatemala's Grupo Reformador
Thursday, June 27, 2013
![](https://www.centralamericalink.com/storage/images/2017/02/07/201306270842270.aval-guatemala.jpg)
Colombia´s largest financial group, Grupo Aval, announced it will acquire Guatemala's Grupo Reformador for some $411 million.
The acquisition will be made through Grupo Aval's Central American unit, BAC Credomatic.
It will also make BAC Credomatic Guatemala's third largest financial group.
Full story (in Spanish)