The third public takeover bid (OPA) for the common shares of Grupo Nutresa was declared null and void because the minimum number of shares offered by Nugil SAS was not received during the term.
The Colombian Stock Exchange (BVC) announced this, where the acceptance period ended on May 16.
At the end of the day, Gilinski only received acceptance for 0.71% of all outstanding shares of Grupo Nutresa.
The third takeover bid ended for the food conglomerate with 469 acceptances, which was equivalent to 3,268,568 shares, and 5.95% of the maximum purchase rate.
It should be remembered that the Gilinski Group wanted a minimum of 9.6% of the shares of Grupo Nutresa and a maximum of 12%.
Source: El heraldo
Roy Brown is a renowned economist and author at The Nation View. He has a deep understanding of the global economy and its intricacies. He writes about a wide range of economic topics, including monetary policy, fiscal policy, international trade, and labor markets.
