Business
Organizacion Corona to Sell All Shares Held In Some Falabella Subsidiares In Colombia
Organizacion Corona to Sell All Shares Held In Some Falabella Subsidiares In Colombia
About this update from Falabella S.a.
Falabella SA BCS:FALABELLA:SAYS ORGANIZACION CORONA NOTIFIED FALABELLA IT WOULD SELL ALL SHARES HELD IN SOME FALABELLA SUBSIDIARES IN COLOMBIASALES 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 INDIRECTLYDEAL DOES NOT AFFECT FALABELLA AND CORONA'S JOINT VENTURE, SODIMAC COLOMBIA S.A.