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GRUPO DE INVERSIONES SURAMERICANA S.A.
REFERENCE: Agreement for the acquisition of RSA insurance assets in Latin
America
DATE: September 9, 2015
In addition to the material information dated September 7, Grupo de Inversiones
Suramericana S.A. informs the following:
Suramericana S.A., Grupo SURA´s insurance and risk management subsidiary,
executed an agreement to acquire RSA Insurance Group plc´s operations in Latin
America, for an approximate amount of USD 614 million (GBP 403 million), situation
that was timely informed to the market.
Approximately 70% of the value of the transaction will be obtained through
capitalization from Grupo SURA and Munich Re (Suramericana’s shareholders), the
remaining 30% will be from cash in hand and financing from third parties. The price
will be paid at the closing in each jurisdiction, after obtaining the regulatory approval
in every country. It is expected that the whole closing will take a maximum period of
18 months after the execution of the acquisition agreement.
Once the transaction has closed in all countries, the shares acquired in each of the
companies will be the following:
In Colombia
Royal & Sun Alliance Seguros (Colombia) S.A. 98.4954%
Financia Expreso RSA S.A.99.9997%
In México
Royal & Sun Alliance Seguros (Mexico) S.A. de C.V.100%
In Chile
RSA Seguros Chile S.A. 99.4976%
RSA Seguros de Vida S.A. 100%
RSA Chilean Holding SpA. 100%
Inversiones RSA Chile Limitada 100%
Servicios y Ventas Compañía Limitada 100%
In Brazil
Royal & Sun Alliance Seguros (Brasil) S.A.99.9995%
In Argentina
Atlantis Sociedad Inversora S.A. 100%
Santa Maria del Sol S.A. 100%
Royal & Sun Alliance Seguros (Argentina) S.A.99.35%%
Aseguradora de Créditos y Garantías S.A. 99.99%
In Uruguay
Royal & Sun Alliance Seguros (Uruguay) S.A. 100%
About Grupo SURA
Grupo de Inversiones Suramericana -GRUPO SURA- is a Latin American enterprise that trades on the BVC
(Colombian Stock Exchange) and is registered in the ADR – Level 1 program in U.S.A. and in Latibex. In addition,
GRUPO SURA is one of the three entities of the Financial Services sector in Latin America which is part of the
Dow Jones Sustainability Index, which in turn acknowledges those companies that stand out worldwide for their
sound practices in economic, environmental and social matters. GRUPO SURA has two types of investments:
Strategic, focused on the financial services, insurance, pensions, savings and investments sectors. Portfolio
investments are primarily in the processed food, cement and power sectors..