Colombia’s Sura Drops as S&P May Cut to Junk on ING Purchase
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Colombia’s Grupo de Inversiones Suramericana fell the most in a month after Standard & Poor’s said it may cut the company’s ratings to junk after it agreed to pay $3.9 billion for ING Groep NV’s Latin American assets.
Grupo Sura, as the Medellin-based company is known, fell