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Latin American oil and gas explorer GeoPark Limited (NYSE: GPRK), with current operations in Chile, Colombia, Brasil, and Argentina, has announced a new oil field discovery following the drilling of the Chachalaca 1 exploration well, located on the Llanos 34 Block in Colombia,...

APM Terminals and Colombian-based port and terminal operating company, Compañia de Puertos Asociados S.A. (Compas S.A.) have signed a joint venture agreement to jointly manage and operate Compas S.A.’s existing multi purpose Cartagena Terminal. APM Terminals and Compas S.A. will...

Empresas Municipales de Cali (EMCALI) has launched an advanced energy project this summer in the city of Cali, Colombia that will actively manage electrical consumption and supply in selected buildings throughout the capital of the Valle de Cauca. After a successful initial...

The international division of Arthur J. Gallagher & Co. (NYSE: AJG) has announced that it has signed an agreement to acquire a controlling stake in the Colombian retail insurance broker Guianza S.A. Corredores de Seguros (Guianza), subject to regulatory approval. The...

According to an announcement made at the Global Business Travel Association Convention on Sunday,  Carlson Rezidor Hotel Group is building two new Radisson Blu hotels in Colombia, making this the Radisson Blu brand’s first foray into Latin America, along with its renovation of...

London, 20 July 2015: Arthur J. Gallagher  (NYSE: AJG) has extended its investment in Latin America by taking a 65% stake in independent Colombian energy and construction specialist ARM Re Ltda. (ARM). Specific terms and pricing of the transaction were not disclosed. Established...

A recent study by Baker & McKenzie looking at cross border M&A activity indicates that such deals should continue to increase over the next three years. According to the study, after a long and stuttering recovery from the 2008 global financial crisis, transactional...

South American retailer Cencosud has selected Unisys Corporation (NYSE: UIS) to offer IT help desk services to internal users in Colombia, Chile, Perú, Brasil, and Argentina. The five year deal represents the first time that Cencosud has signed such a deal with a technology...

Global consulting and research firm Everest Group recently released its Global In-house Center (GIC) Landscape Annual Report 2015, in which it reported that the global services market reached US$150 billion in 2014 and GIC model contributed to 25 percent (US$35-40 billion) of...

LAUSANNE, SWITZERLAND (May 27, 2015): IMD, a global business school with campuses in Switzerland and Singapore, today announced its annual world competitiveness ranking. As part of its ranking of 61 more developed and sizeable economies for 2015, the IMD World Competitiveness...