Bloomberg News

Sura Approves Rules for Sale of 120 Million Preferred Shares

October 20, 2011

Oct. 20 (Bloomberg) -- Grupo de Inversiones Suramericana SA said its board of directors approved rules and regulations for the sale of 120 million non-voting preferred shares, according to a regulatory filing today.

Sura, as the company is known, said the sale is pending approval from Colombia’s securities regulator, the filing said.

--Editor: Marie-France Han

To contact the reporter on this story: Blake Schmidt in Bogota at bschmidt16@bloomberg.net

To contact the editor responsible for this story: David Papadopoulos at papadopoulos@bloomberg.net


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