Corporación Financiera Colombiana S.A. (BVC:CORFICOLCF) agreed to acquire 40% stake in Concesionaria Vial del Pacifico S.A.S. and 40% stake in Concesionaria Nueva Via al Mar S.A.S. from Iridium Colombia Concesiones Viarias S.A.S. on November 20, 2017. In a related transaction, Corporación Financiera Colombiana agreed to acquire the entire interest of Dragados IBE Sucursal Colombia in Consorcio Constructor Pacifico 1 and Consorcio Constructor Mulalo-Loboguerrero. Corporación Financiera Colombiana S.A. (BVC:CORFICOLCF) completed the acquisition of 40% stake in Concesionaria Vial del Pacifico S.A.S. and 40% stake in Concesionaria Nueva Via al Mar S.A.S. from Iridium Colombia Concesiones Viarias S.A.S. on December 12, 2017. In a related transaction, Corporación Financiera Colombiana completed the acquisition of the entire interest of Dragados IBE Sucursal Colombia in Consorcio Constructor Pacifico 1 and Consorcio Constructor Mulalo-Loboguerrero for a combined deal value of $185.14 billion. As a result of this transaction, Corporación Financiera Colombiana has an indirect control over Concesionaria Vial del Pacifico S.A.S. and Concesionaria Nueva Via al Mar S.A.S. with 89.90% and 100% respectively.