Nutresa shareholders did not accept the OPA of the Arab sheikh and it was declared void

This Friday ended the acceptance period for the Takeover Offer (OPA) launched for Grupo Nutresa shares.

This time the bidder was the conglomerate IHC Capital Holding, led by the Arab sheikh Tahnoun bin Zayed, and it sought to keep between 25% and 31.25% of the titles.

However, the plans did not go as the Emirati group wanted. Nutresa shareholders did not accept the offer, since in total the acceptances received correspond to 7.71% of shares, well below its goal.

Therefore, the OPA was declared void.

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In total, 1,426 shareholders gave their approval to the takeover bid, showing their willingness to sell 35,313,472 shares of the food multilatina.

Contrasting the acceptances that were up to yesterday with those that were consolidated today, it would be confirming that one of those who participated was the banker Jaime Gilinski.

This, remembering that on Thursday it transpired that Gilinski would sell between 5% and 9.99% of the shares in Nutresa.

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Nevertheless, Grupo Sura has insisted that without a board of directors how is it right now could not take any action.

In addition, Grupo Argos, the other major investor in Nutresa, announced yesterday its decision not to participate in the takeover bid.

Thus, the new clean and jerk by the Antioquian company stayed in we will see.

It should be remembered that in this process US$15 per share of the company that leads businesses such as Noel, Zenú or Doria, among others, was offered.

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