In compliance with current reporting requirements, Grupo de Inversiones Suramericana S.A. (Grupo SURA) hereby announces the following:
For the purpose of moving forward with creating greater added value for the Company, its shareholders and all its stakeholder groups, the Company´s Board of Directors, at a meeting held today, authorized Senior Management to retain the required advisors (investment banking, legal counsel, among others) to continue with the process of searching for potential strategic partners interested in acquiring a non-controlling interest in Grupo SURA.
This process is based on recognizing the invaluable contribution that world-class national and international partners have made to Grupo SURA's different lines of business who, as shareholders, have accompanied us for several decades in various portfolio companies.
The expert knowledge that they bring to the table, as benchmarks in their corresponding industries, as well as the fact that they share Grupo SURA's business philosophy of helping to bring about greater economic and social value, are essential factors for the Company.