Bladex in Definitive Agreement to Sell Asset Management Unit to XL Subsidiary
April 02, 2013 at 21:07 PM EDT
Banco Latinoamericano de Comercio Exterior, S.A. (NYSE: BLX ) announced today that it has finalized a definitive agreement for the sale of its asset management unit. The asset management unit will be sold to Alpha4X Asset Management, LLC ("Alpha4X"), a newly-formed company that is majority owned by the current asset