IHC makes move for Nutresa

IHC makes move for Nutresa

M&A Equity Capital Markets Colombia Middle East

Another investor has Colombia's Grupo Nutresa in its sights. International Holding Company (IHC), an Abu Dhabi-based conglomerate, filed an offer to purchase close to a third of its stock, just months after billionaire Jaime Gilinski snapped up a similar stake in the food-processing firm. IHC is offering $15 for each Nutresa share, with the goal of acquiring no less than 25% and up to 31.3%, according to a securities filing.  The offer price is more than double that offered by Gilinski when he s

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