With 93 acceptances, the third Public Acquisition Offer (OPA) launched by the Gilinski Group, which is committed to buying more shares of the Antioquia financial holding company Grupo Sura, closed this week.
According to the report of the Colombian Stock Exchange (BVC), the acceptances, which began to arrive on Wednesday, add up to 1.42 million shares, equivalent to 0.31% of the outstanding shares of this company. On this occasion, the goal of JGDB Holding, which already owns 31.5% of Sura, is to acquire a new portion, between 5.2% and 6.5%, offering US$9.88 for each title.
At this juncture, Grupo Nutresa, which owns 13.04% of Sura, calls the shareholders to an extraordinary meeting to make decisions on the third takeover bid launched by Gilinski. The assembly will be held on Thursday, April 21, at 8 in the morning at the José Gutiérrez Gómez Metropolitan Theater.
In another simultaneous takeover bid for Nutresa, launched by another Gilinski firm, Nugil, the BVC noted that it had received 7 acceptances between Wednesday and Friday, representing 17,471 shares of the paisa food conglomerate (0.003% of Nutresa’s outstanding shares). .
Gilinski’s intention for the paisa food conglomerate is to acquire a percentage, between 9.6% and 12%, paying US$12.58 for each share. With the completion of two previous OPAs, Nugil already owns 30.8% of Nutresa.
In this case, Sura, which owns 35.19% of Nutresa, also summoned its shareholders to an extraordinary meeting.
In relevant information published this Friday by the Financial Superintendence, Sura pointed out that “taking into account the receipt of communications from some members of the board of directors, through which they present situations of potential conflicts of interest to decide on the third Offer Public Acquisition (OPA) formulated by Nugil SAS for shares of Grupo Nutresa, on February 28, 2022, an extraordinary meeting is called.”
With the percentages obtained in the previous takeover bids, Gilinski occupies two positions on the boards of directors of Sura and Nutresa, so his representatives will be in the extraordinary assemblies.