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After Colbun dropped out of bidding last Friday (causing Colbun’s stock to rally strongly, up of 3.2%), only one bidder remains in contention for tomorrow’s January 13 auction for Colombian government controlled power producer, Isagen. Isagen is the third largest energy producer,...

UPDATE: According to Colombia Reports, Chile’s Colbun drops out of bidding for Colombia’s Isagen on Monday, January 11, 2 days before the slated auction After a series of debates in Congress and conflicting positions between Colombian political parties, the Colombian...

Last week, Pacific Exploration & Production Corp. (TSX: PRE) (BVC: PREC), formerly known as Pacific Rubiales, announced that it has obtained an extension of the waivers previously granted by its lenders in respect of the Net Worth Covenant that requires the company to...

Yesterday, President Juan Manuel Santos, along with Finance Minister Mauricio Cardenas and Labor Minister Luis Eduardo Garzón, signed into law Decreto (Decree) 2552 of 2015, setting the Colombian monthly minimum wage at $689,455 pesos. This power was given to the executive branch...

The Inter-American Development Bank (IDB) has unveiled the initial results of a new methodology to measure the costs of traffic congestion and improve understanding of how poor traffic mobility affects the economy and productivity of cities in Latin America and the Caribbean....

ACE Limited announced the leadership team it intends to appoint for the Latin America region of the new Chubb Group’s Overseas General Insurance division, which includes Argentina, Brasil, Chile, Colombia, Ecuador, México, Panamá, Peru, Puerto Rico, Central America and the...

Brasil’s Rapiddo has taken a stake for an undisclosed sum in Colombian startup Mensajeros Urbanos, Finance Colombia has learned. The Colombian startup, incubated in Telefonica’s  initiative titled Wayra Colombia, provides express messenger and delivery services, along with a web...

Global law firm Baker & McKenzie has launched the Cross Border M&A Index, a study in conjunction with Merger Market, which forecasts a 10% growth in cross border M&A transactions driven primarily by the US, EU, and Asian markets. Still, of the $375 billion (USD)...

This week, Corferias, Bogotá’s flagship convention facility, is host to TecnoMultimedia InfoComm Colombia; Colombia’s combined electronics and multimedia trade show. The event combines academic courses from InfoComm International along with the CEDIA (Custom Electronic Design...

Colombia’s defense ministry, Coges International, and Corferias – Bogotá’s primary convention venue, are holding the 5th edition of Expodefensa, an event showcasing security and defense industry innovation and technology for Latin America.  The international event serves as a...