MEXICO CITY (Reuters) – Mexico said on Friday it has notified the United States that it will not carry out a requested review of labor rights concerns at Grupo Yazaki’s …
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By Sarah Morland and Marion Giraldo (Reuters) – Colombian financial conglomerate Grupo Aval on Thursday cut its 2023 loan growth forecast and hiked its cost of risk estimate, a day …
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(Reuters) – Colombian financial conglomerate Grupo Aval reported a 75.4% year-over-year fall in net profit in the second quarter, according to a securities filing on Wednesday, despite a strong boost …
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By Sarah Morland and Marion Giraldo (Reuters) – Grupo SURA, Colombia’s largest investment company, on Tuesday cut its 2023 net profit forecast to between 2,400 and 2,700 pesos per share, …
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By Kanishka Singh WASHINGTON (Reuters) – Colombian conglomerate Grupo Aval and its bank subsidiary will pay over $80 million to settle charges of violating anti-corruption laws, U.S. authorities said on …
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By Daina Beth Solomon MEXICO CITY (Reuters) -A labor dispute at Grupo Mexico’s San Martin mine in Mexico’s Zacatecas state, where the U.S. raised concerns over alleged worker rights abuses, …
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BOGOTA (Reuters) – Grupo Argos, Colombia’s largest industrial conglomerate, on Tuesday said it will focus “seriously” on finding a strategic partner once it concludes an exchange of shares in the …
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BOGOTA (Reuters) – Colombia’s financial regulator on Thursday suspended trading in shares of Grupo SURA, Grupo Argos and Grupo Nutresa, after top shareholders in the companies announced negotiations to make …
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BOGOTA (Reuters) – Colombia’s Gilinski Group signed a Memorandum of Understanding (MoU) to exit its stake in the country’s largest investment firm, Grupo Sura and take a controlling stake in …
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By Valentine Hilaire and Noe Torres MEXICO CITY (Reuters) – The Mexican Navy on Friday took over a section of railway in southern Mexico operated by a unit of Grupo …
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(Reuters) – Net profit at Grupo SURA, Colombia’s largest investment company, almost doubled in the first quarter compared to the year-ago period, the company said in a filing on Monday, …
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SAO PAULO (Reuters) – Brazilian retailer Americanas SA, which filed for bankruptcy earlier this year after an accounting scandal, said on Monday it has started the market sounding process to …
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BOGOTA (Reuters) – Net profit at Grupo SURA, Colombia’s largest investment company, rose by 81.9% in the fourth quarter of 2022 compared to the year earlier period, the firm said …
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BOGOTA (Reuters) – Colombia’s largest industrial conglomerate, Grupo Argos, said on Wednesday it will carry out a share buy-back plan worth some 400 billion pesos ($81.2 million) in March and …
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(Reuters) -Colombian financial conglomerate Grupo Aval reported third quarter net profit down 23.2% from a year earlier on Wednesday, landing at 929.8 billion pesos ($193.4 million), citing a higher effective …
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MEXICO CITY (Reuters) – Colombian industrial conglomerate Grupo Argos’ third-quarter net profit fell 9.2% from a year earlier, the company said Monday, following a jump in costs and expenses. The …
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(Reuters) – Net profit at Grupo SURA, Colombia’s largest investment company, stayed relatively stable in the third quarter compared to the year-ago period as both revenues and costs grew, the …
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(Reuters) -Colombian industrial conglomerate Grupo Argos’ second-quarter net profit rose 8% from the same period a year before, the company said on Friday, boosted by revenue increases at its cement …
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BOGOTA – Colombian business magnate Jaime Gilinski has launched a public acquisition offer for shares in industrial conglomerate Grupo Argos, the third company which has recently found itself in Gilinski’s …
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MEXICO CITY – Mexico’s Grupo Salinas, the parent company of broadcaster TV Azteca, said on Tuesday it will keep fighting in a legal dispute that has resulted in an order …
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BOGOTA – Colombian industrial conglomerate Grupo Argos said on Thursday it will not participate in a third public acquisition offer for shares in investment holding company Grupo SURA and food …
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– Mexican airport operator Grupo Aeroportuario del Pacifico said on Friday it has refinanced its debt for $191 million, due in January and February 2024. The company said that with this refinancing, …
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MEXICO CITY, Mar 15 – Mexico’s Grupo Aeromexico shares plunged for a fourth day in a row on Tuesday after nearly a fifth of the company’s capital was sold at …
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MEXICO CITY – Mexican breadmaker Grupo Bimbo said on Sunday it has temporarily suspended operations in its Dnipro plant to ensure the safety of its 150 workers, all of whom …
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BOGOTA – Colombian industrial conglomerate Grupo Argos will not take part in an offer from Grupo Gilinski to buy 31.68% of shares of investment heavyweight Grupo SURA, it said in …