Grupo Aval Acciones Y Valores S.A. completed the acquisition of 9.95% stake in Corporación Financiera Colombiana S.A. from Banco de Occidente, S.A. forfor approximately COP 770 billion.
Grupo Aval Acciones Y Valores S.A. (BVC:GRUPOAVAL) completed the acquisition of 9.95% stake in Corporación Financiera Colombiana S.A. (BVC:CORFICOLCF) from Banco de Occidente, S.A. (BVC:OCCIDENTE) forfor approximately COP 770 billion on December 17, 2014. Grupo Aval acquired 20 million shares in the transaction. The transaction is approved by the shareholders of Grupo Aval Acciones Y Valores S.A.