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Industrias Bachoco ( NYSE: IBA ) announces that a vehicle in which current shareholders of the Robinson Bours family participate communicated to Board of Directors, the commencement of a voluntary tender offer for up to all of shares, including shares ADRs, representing ~27% at a price of Ps. 81. 66 pesos, per share, payable in cash and in Mexican currency.
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The offer is being conducted concurrently in Mexico and the United States of America.
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Offer is expected to expire on November 4, 2022.
For further details see:
Bachoco receives voluntary tender offer for 27% shares