The Superintendence of Industry and Commerce (SIC) has announced its review of the integration between Tiendas Ara and Almacenes Colsubsidio. This process aims to determine whether the transaction requires formal notification or a pre-evaluation procedure in line with competition regulations.
Corporate integration processes require the analysis of key aspects such as the legal structure of the companies, share ownership, corporate bylaws, and the authorizations necessary for the transaction. It is also critical to identify legal restrictions, compliance with preemptive rights, conflicts of interest, and partner agreements, ensuring adherence to the law and protecting the rights of the parties involved.
Furthermore, any integration involving companies in the same sector or value chain must be reported to the SIC if their revenues or assets exceed 1.641.044,99 UVT in the previous fiscal year. This process ensures that such operations do not negatively impact market competition.
