
Grupo Falabella on the Voluntary Exit Notification Submitted by Partner in Colombia: “No negative impact is expected on our financial situation, regardless of whether Falabella or a third party acquires Organización Corona’s stake”.
Monday, June 9 – Organización Corona submitted a Voluntary Exit Notification to Grupo Falabella, a mechanism contemplated in the shareholders’ agreements between both organizations. These agreements grant Organización Corona the right to sell its minority stake in the joint ventures in Colombia, specifically: Falabella Retail (35%), Banco Falabella (31%), Seguros Falabella (35%), and ABC de […]