{"id":1277,"date":"2025-03-21T14:25:41","date_gmt":"2025-03-21T19:25:41","guid":{"rendered":"https:\/\/sunvalleyinv.com\/?p=1277"},"modified":"2025-08-26T14:27:25","modified_gmt":"2025-08-26T19:27:25","slug":"bloomberg-linea-reports-on-our-recent-acquisition-after-the-public-tender-offer-on-mineros-indian-origin-investor-vikram-sodhi-controls-56-85-of-the-company","status":"publish","type":"post","link":"https:\/\/sunvalleyinv.com\/es\/bloomberg-linea-reports-on-our-recent-acquisition-after-the-public-tender-offer-on-mineros-indian-origin-investor-vikram-sodhi-controls-56-85-of-the-company\/","title":{"rendered":"Bloomberg L\u00ednea reports on our recent acquisition: \u201cAfter the Public Tender Offer on Mineros, Indian origin\u00a0investor Vikram Sodhi controls 56.85% of the company\u201d"},"content":{"rendered":"

The offer concluded with over 77.9 million valid acceptances. Sun Valley will pay more than COP$428 billion.<\/em><\/p>\n\n\n\n

Bloomberg L\u00ednea \u2014 Sun Valley Investments AG announced the completion of the acceptance period for its previously announced enhanced public offer to purchase ordinary shares of Mineros S.A., giving it control of 56.85% of the company.<\/p>\n\n\n\n

The offer was made through the Colombian Stock Exchange at a price of COP$5,500 per ordinary share, equivalent to approximately CAD$1.92.<\/p>\n\n\n\n

According to bulletin No. 053 issued by the Colombian Stock Exchange, acceptances were received for a total of 118,921,827 ordinary shares (surpassing the maximum number of shares included in the offer), of which 77,931,725 are valid acceptances to be assigned to Sun Valley.<\/p>\n\n\n\n

The total consideration Sun Valley will pay for the 77,931,725 shares is COP$428,624 million, equivalent to approximately CAD$149.6 million as of the announcement date of the Enhanced Public Tender Offer.<\/p>\n\n\n\n

Vikram Sodhi<\/a>, Managing Partner of Sun Valley Investments, stated: \u201cWe are pleased to allocate additional funds to our successful investment in Mineros S.A. The positive outcome of our latest public acquisition offer reaffirms our commitment to supporting Mineros\u2019 operations in Antioquia, Colombia, Bonanza, Nicaragua, and throughout Latin America. We remain dedicated to continuing vital environmental and social programs, alongside community engagement initiatives that have contributed to the strong results reported in the company\u2019s 2024 performance. Our goal is to foster growth and sustainable opportunities in Colombia and Nicaragua\u2019s largely unexplored gold mining sectors, as well as in the broader region.\u201d<\/p>\n\n\n\n

Immediately before the Public Tender Offer, Sun Valley held and exercised control over 92,477,823 ordinary shares, representing 30.85% of the company. After the OPA\u2019s settlement, expected to occur on March 25, 2025, Sun Valley will own and exercise control over 170,409,548 shares, representing approximately 56.85% of the company. Sun Valley will retain its ordinary shares for investment purposes and will continually assess its investment in Mineros, with the potential to increase or decrease its stake in the company and engage with it in other ways in the future, subject to market conditions and other relevant factors.<\/p>\n\n\n\n

Lee el art\u00edculo original en Bloomberg L\u00ednea<\/a> published on March 20, 2025:<\/strong> Click aqu\u00ed<\/a>.<\/p>\n\n\n\n

<\/p>","protected":false},"excerpt":{"rendered":"

The offer concluded with over 77.9 million valid acceptances. Sun Valley will pay more than COP$428 billion. Bloomberg L\u00ednea \u2014 Sun Valley Investments AG announced the completion of the acceptance period for its previously announced enhanced public offer to purchase ordinary shares of Mineros S.A., giving it control of 56.85% of the company. The offer […]<\/p>\n","protected":false},"author":1,"featured_media":1233,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1,21],"tags":[],"class_list":["post-1277","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-sun_valley","category-mineros-s-a"],"_links":{"self":[{"href":"https:\/\/sunvalleyinv.com\/es\/wp-json\/wp\/v2\/posts\/1277","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/sunvalleyinv.com\/es\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/sunvalleyinv.com\/es\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/sunvalleyinv.com\/es\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/sunvalleyinv.com\/es\/wp-json\/wp\/v2\/comments?post=1277"}],"version-history":[{"count":1,"href":"https:\/\/sunvalleyinv.com\/es\/wp-json\/wp\/v2\/posts\/1277\/revisions"}],"predecessor-version":[{"id":1278,"href":"https:\/\/sunvalleyinv.com\/es\/wp-json\/wp\/v2\/posts\/1277\/revisions\/1278"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/sunvalleyinv.com\/es\/wp-json\/wp\/v2\/media\/1233"}],"wp:attachment":[{"href":"https:\/\/sunvalleyinv.com\/es\/wp-json\/wp\/v2\/media?parent=1277"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sunvalleyinv.com\/es\/wp-json\/wp\/v2\/categories?post=1277"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sunvalleyinv.com\/es\/wp-json\/wp\/v2\/tags?post=1277"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}