Falabella SA BCS:FALABELLA:
SAYS ORGANIZACION CORONA NOTIFIED FALABELLA IT WOULD SELL ALL SHARES HELD IN SOME FALABELLA SUBSIDIARES IN COLOMBIA
SALES INCLUDE 35% STAKE IN FALABELLA DE COLOMBIA, 31.13% IN BANCO FALABELLA, S.A., 35% IN AGENCIA DE SEGUROS FALABELLA LIMITADA, 35% IN ABC DE SERVICIOS S.A.S.
FALABELLA WILL HAVE UP TO 240 DAYS TO OBTAIN A THIRD PARTY BUYER, IF NOT, IT WILL PURCHASE ALL OF THE SHARES DIRECTLY OR INDIRECTLY
DEAL DOES NOT AFFECT FALABELLA AND CORONA'S JOINT VENTURE, SODIMAC COLOMBIA S.A.