Davibank approves asset transfer to Davivienda for up to 30% of HDI shares

Davibank's General Shareholders' Assembly unanimously approved the partial transfer of assets, liabilities and contracts to Banco Davivienda. In return, Davibank will receive up to 30% of the shares in Holding Davivienda Internacional.

The transaction will proceed under the Organic Statute of the Financial System and remains subject to non-objection by Colombia's Superintendencia Financiera.

PricewaterhouseCoopers prepared the net value calculations as an independent expert. The firm will update the final figures at the execution date or the accounting close agreed by the parties.

The assembly also granted the right of withdrawal to absent or dissenting shareholders. This right may be exercised from June 12, 2026, and up to 30 days after the future assembly that reforms Davibank's statutes.

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