Helm Bank Denies Controlling Stake in Company Has Been Sold

Colombian lender Helm Bank SA (PFBHELM) denied a report that a controlling stake in the company has been sold.

While it has received investor interest for a takeover, no agreement or definitive plans have been reached, Helm said in a regulatory filing today.

El Tiempo newspaper yesterday, citing people it didn’t identify, reported that Helm would announce this week that is has agreed to be bought.

To contact the reporter on this story: Andrea Jaramillo in Bogota at ajaramillo1@bloomberg.net;

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