Al-Nahyan, one of the richest men in that Arab nation, presented an offer that is expandable to 31% of the shares of Grupo Nutresa, detailed Forbes.
The sheikh, who would be very close to the family Gilinskioffers pay 66,000 pesos for each Grupo Nutresa shareadded that medium.
That’s the way it is, the offers would be billions of pesos to keep the aforementioned percentage of the shares of one of the most important companies in the country.
According to El Espectador, the sheik offered for 114 million shares of Nutresa (25%), extendable to 143 million shares (31%). For 25%, you must put 7.5 billion pesos and for 31% they must pay 9.4 billion pesos.
(see also: The three companies that made a fortune selling chocolates for the Day of Love and Friendship).
Al-Nahyan’s offer comes through International Holding Company (IHC), a firm run by the sheikh and one of the strongest companies of the United Arab Emirates.
Who is the sheikh who wants to buy part of Grupo Nutresa?
Al-Nahyan is a man very close to the government of the United Arab Emirates. He is the brother of the crown prince of that country, Sheik Mohamed bin Zayed Al-Nahyan.and serves as that nation’s national security adviser, Forbes added.
IHC, Al-Nahyan’s firm, reported earnings in the first half of 2022 of $2.824 million. The main investments of the company are in real estate, agriculturemedical care, transportation, food, beverages and public services, added that magazine.
The Sheikh, with his signature, recently invested $25 million at Space X, the aerospace company owned by Elon Musk.