{"id":1299,"date":"2025-03-07T14:52:00","date_gmt":"2025-03-07T19:52:00","guid":{"rendered":"https:\/\/sunvalleyinv.com\/?p=1299"},"modified":"2026-03-26T16:18:44","modified_gmt":"2026-03-26T21:18:44","slug":"the-leading-newspaper-el-colombiano-reports-bidding-war-for-mineros-shares-sun-valley-investments-launches-an-improved-tender-offer","status":"publish","type":"post","link":"https:\/\/sunvalleyinv.com\/es\/the-leading-newspaper-el-colombiano-reports-bidding-war-for-mineros-shares-sun-valley-investments-launches-an-improved-tender-offer\/","title":{"rendered":"The Leading Newspaper, El Colombiano, reports: \u201cBidding War for Mineros Shares: Sun Valley Investments Launches an Improved Tender Offer.\u201d"},"content":{"rendered":"

\u201cEl Colombiano<\/a>\u201d has recently highlighted us in an article. Translation by Sun Valley Investments.<\/p>\n\n\n\n

Since late 2024, Sun Valley Investments has been seeking to increase its stake in the Antioquia-based company.<\/p>\n\n\n\n

The competition for a larger shareholding in Mineros has become a major event in the Colombian stock market, where Swiss firm Sun Valley Investments and local company Negocios y Representaciones have launched offers to secure significant share packages.<\/p>\n\n\n\n

Since last year, Sun Valley Investments has made two offers to expand its stake in Mineros. However, on Friday, Negocios y Representaciones countered with a competing public tender offer (PTO).<\/p>\n\n\n\n

In response, the foreign firm adjusted its bid, increasing both the price per share and the percentage of shares it aims to acquire.<\/p>\n\n\n\n

Within this context, Sun Valley Investments\u2019 first PTO, which concluded in December, resulted in the purchase of a 5.8% stake in Mineros at a price of CAD 0.975 per share, which, at the time of settlement, was equivalent to COP 3,082.27.<\/p>\n\n\n\n

In early 2025, Sun Valley Investments made another offer, seeking to acquire between 5% and 9% of Mineros at COP 4,600 per share.<\/p>\n\n\n\n

Meanwhile, Negocios y Representaciones launched a competing PTO, offering COP 4,835 per share\u2014COP 235 more than Sun Valley Investments\u2019 bid of COP 4,600. The Antioquia-based firm aimed to acquire up to 9% of Mineros\u2019 shares.<\/p>\n\n\n\n

However, Sun Valley Investments swiftly responded with an improved PTO, raising its offer price to COP 5,500 per share, approximately CAD 1.92, payable in cash in Colombian pesos or U.S. dollars.<\/p>\n\n\n\n

Under Sun Valley\u2019s modified offer, the company may acquire between 0.00000033% and 26% of Mineros\u2019 shares, representing an increase of up to 17% of the company\u2019s issued and outstanding shares compared to its previous PTO.<\/p>\n\n\n\n

The acceptance period for Sun Valley\u2019s modified offer is expected to begin tomorrow, March 5, and conclude on March 18.<\/p>\n\n\n\n

Currently, Sun Valley Investments, holding 92.4 million shares, is Mineros\u2019 largest shareholder with a 30.85% stake, followed by Negocios y Representaciones, which owns 34.2 million shares, representing an 11.43% stake in the mining company.<\/p>\n\n\n\n

So far this year, Mineros\u2019 stock price has appreciated by 30.2%, trading at COP 5,350 on the Colombian Stock Exchange (BVC), a price lower than the COP 5,500 that Sun Valley Investments is offering in its improved PTO.<\/p>\n\n\n\n

Read the original article in Spanish on El Colombiano<\/a>:<\/strong><\/p>\n\n\n\n

https:\/\/www.elcolombiano.com\/negocios\/empresas\/opa-mejorada-por-acciones-de-mineros-FF26762733<\/a><\/p>\n\n\n\n

Original article by <\/a>El Colombiano<\/a> published on March 4, 2025,<\/p>\n\n\n\n

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

\u201cEl Colombiano\u201d has recently highlighted us in an article. Translation by Sun Valley Investments. Since late 2024, Sun Valley Investments has been seeking to increase its stake in the Antioquia-based company. The competition for a larger shareholding in Mineros has become a major event in the Colombian stock market, where Swiss firm Sun Valley Investments […]<\/p>\n","protected":false},"author":1,"featured_media":1467,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1,21],"tags":[],"class_list":["post-1299","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\/1299","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=1299"}],"version-history":[{"count":1,"href":"https:\/\/sunvalleyinv.com\/es\/wp-json\/wp\/v2\/posts\/1299\/revisions"}],"predecessor-version":[{"id":1301,"href":"https:\/\/sunvalleyinv.com\/es\/wp-json\/wp\/v2\/posts\/1299\/revisions\/1301"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/sunvalleyinv.com\/es\/wp-json\/wp\/v2\/media\/1467"}],"wp:attachment":[{"href":"https:\/\/sunvalleyinv.com\/es\/wp-json\/wp\/v2\/media?parent=1299"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sunvalleyinv.com\/es\/wp-json\/wp\/v2\/categories?post=1299"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sunvalleyinv.com\/es\/wp-json\/wp\/v2\/tags?post=1299"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}