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Grupo Aval buys Guatemala's Grupo Reformador

Thursday, June 27, 2013

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)