Arca Ecuador S.A. and Coca-Cola De Ecuador S.A. reached an agreement to acquire 87.37% stake in Holding Tonicorp S.A. (GYSE:TON) for approximately $350 million on August 15, 2013. Under the terms of the acquisition, Arca and Coca-Cola agreed to offer $5.55 per share acquired. The transaction is subject to various approvals, including the regulatory and anti-trust authority.

Melanie Carpenter of i-Advize Corporate Communications and Mariuxy Vergara of Tonisa acted as public relation advisors to Arca Continental, parent of Arca Ecuador S.A. JPMorgan Chase & Co. (NYSE:JPM) acted as the financial advisor to Holding Tonicorp. HSBC acted as financial advisor for Arca Ecuador for $200 million credit facility for the acquisition. Grupo Financiero HSBC S.A. de C.V. acted as financial advisor for Arca. Victor Xercavins, Sonia Velasco, Guadalupe Diaz-St'mico and Miguel Garcia-Nieto of Cuatrecasas, Gonçalves Pereira, S.L.P.; Francisco Gallegos, Monica Ruiz-Astudilio and Mario Moncayo of Estudio Jurídico Gallegos; Diego Pérez-Ordé?ez, Bruno Pineda, Maria Rosa Guerra, Juan Manuel Merchan and Juan Gabriel Reyes of Perez Bustam ante & Ponce; Santiago Dellatorre, Tomas Arnaucle, Santiago Balbi, Melisa Ortes Gonzalez, Luciana Diaz Gomez and Lucia Grime of Salaverri, Dellatorre, Burgio & Wetzler Malbrán acted as legal advisor to both Arca and Coca-Cola. Francisco Fuentes and Patrick Meshoularn of Mijares, Angoitia, Cortes y Fuentes acted as legal advisors and Jaime Sénchez Fernandez Daniel Martinez Alexandra Chamba and Andres Espinoza acted as in-house advisors to Arca. Luis Burgue?o and Valerie Bojorquez of Von Wobeser y Sierra, S.C acted as legal advisors and Javier Druker and Ana Cendales acted as in-house advisors to Coca-Cola. Eduardo Carmigniani, Roxana Aguirre, Ricardo Menendez and Ana Perezin Guayaquii of Corral & Rosales; Javier Berdaguer and Mariana Lartigau of Guyer & Regules; Ferran Escayola, Marta Clemente, Luis fi?uales and Daniel Mu?ozAimazan of J&A Garrigues, S.L.P.; and Luis Lavalle Moreno, Blanca Berenice Rivas Monterrey and Vicente Cuairan of Martinez, Algaba, Estrella, De Haro y Galvan-Duque, S.C. acted as legal advisors to Holding Tonicorp S.A.