The notices and booklets of the third Public Acquisition Offers (OPA) with which the Gilinski Group intends to increase its shareholding in the Sura and Nutresa conglomerates from Paisa will be published soon.
This Friday followingnoon, and following the Sura shareholders’ meeting, the Colombian Stock Exchange (BVC) reported that the commission firm Servivalores GNB Sudameris accredited the guarantees for Gilinski’s takeover bids as follows: US$346 million for Nutresa and US$120.3 million for Sura.
The releases will come a month following Gilinski’s JGDB Holding and Nugil firms launch offers, during which time stock market trading in Sura and Nutresa species has been suspended.
Apparently, following launching the consecutive and simultaneous takeover bids, on February 28, the Financial Superintendence made some observations to the bidders, which would have been answered, and therefore, in the coming days, the notices in which will set the period during which acceptances will be received from those who decide to sell the securities.
Compliance with this requirement will allow the shares of Antioquia companies to be traded once more on the stock market, which in their last negotiations were quoted at $31,950 for Sura, and $44,220 for Nutresa.
In the case of Sura, a company in which Gilinski already owns 31.5% of the shares, JGDB Holding intends to acquire a minimum of 5.2% and a maximum of 6.5%, paying US$9.88 per share.
In Nutresa, a company in which Nugil has 30.8% ownership, the takeover bid was made to acquire between an additional 9.6% and 12%, at a rate of US$12.58 per share.
The new round of offers will take place following Gilinski reached seats on the boards of directors of both conglomerates, during the election processes that took place at the annual shareholders’ meetings of those companies.