May 10, 2013
Grupo Herdez has ended up with 99.8% of Grupo Nutrisa following the close o
Grupo Herdez has ended up with 99.8% of Grupo Nutrisa following the close of a public share purchase offer, it says. Following up on a January agreement to buy 66% of the health and nutrition food company, Herdez is paying MXP2.97bn for the entire 99.8%, based on a price of MXP91.00 per share. GBM managed the tender. Herdez is considering a 10-year fixed-rate domestic bond transaction and a 5-year loan to fund the buy, its treasurer told LatinFinance in April.