Banco Davivienda, S.A. cancelled the acquisition of Leasing Bolivar S.A. Cia. De Financiamiento Comercial.
June 29, 2016
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Banco Davivienda, S.A. (BVC:PFDAVVNDA) agreed to acquire Leasing Bolivar S.A. Cia. De Financiamiento Comercial on June 30, 2015. Banco Davivienda Board of Directors has approved the transaction. The transaction is expected to close in six months. The shareholders' meeting of Banco Davivienda will be held on September 23, 2015 for the approval of the transaction.
Banco Davivienda, S.A. (BVC:PFDAVVNDA) cancelled the acquisition of Leasing Bolivar S.A. Cia. De Financiamiento Comercial on June 30, 2016.
Banco Davivienda SA is a Colombia-based banking institution. The Bankâs products and services include savings and current accounts, consumer and commercial loans, credit and debit cards, mortgages, fixed-term deposits, portfolio management, foreign trade financing and a variety of insurance policies, as well as other banking operations to individuals and businesses. As of December 31, 2012, the Bank operated a network of 572 branch offices located nationwide and one in the United States. It also owned such subsidiaries as Fiduciaria Davivienda SA, Dadivalores SA, Bancafe Panama SA and Fiduciaria Cafetera SA, among others. In addition, Grupo Empresarial Bolivar was the Companyâs major shareholder.
BANCO DAVIVIENDA S.A. 
