IHC Capital Holding LLC made an offer to acquire 31.25% stake in Grupo Nutresa S. A. (BVC:NUTRESA) for approximately $2.1 billion on September 21, 2022. The offer per share is $15. IHC filed for approval of tender offer to acquire, a minimum of 25% and a maximum of 31.25% of the shareholding in Grupo Nutresa from Colombian Superintendency of Finance on September 21, 2022. On October 19, 2022, IHC received the authorization from the Colombian Superintendency of Finance (Superintendencia Financiera de Colombia) to launch a tender offer. The tender offer period will be from October 19, 2022 to November 18, 2022.
IHC Capital Holding LLC cancelled the acquisition of 31.25% stake in Grupo Nutresa S. A. (BVC:NUTRESA) on November 18, 2022. The offer did not reached the minimum tender.