Business Wire

ED&F Man announces the success of its Offers to acquire Iansa and Campos


ED&F Man Holdings Limited (“ED&F Man”) announces the results of its public tender offers to acquire: (i) up to 100 per cent. of the shares in Empresas Iansa S.A. (“Iansa”) at CLP 27.40 per share in cash (the “Iansa Offer”); and (ii) up to 100 per cent. of the shares in Sociedad de Inversiones Campos Chilenos S.A. (“Campos”) at CLP 35.02 per share in cash (the “Campos Offer” and together, the “Offers”). The Offers valued the issued share capital of Iansa and Campos at US$ 158.61 million¹ and US$ 47.57 million¹, respectively.

Prior to making the Offers, ED&F Man indirectly owned 60.96 per cent. of the issued share capital of Campos and Campos, in turn, owned 42.74 per cent. of the issued share capital of Iansa. Under the Iansa Offer acceptances were received in respect of 1,960,285,063 shares, representing 49.21 per cent. of the issued share capital of Iansa and under the Campos Offer acceptances were received in respect of 300,863,048 shares, representing 32.19 per cent. of the issued share capital of Campos. Accordingly, following the successful completion of the Offers, ED&F Man will own or control 91.95 per cent. of the issued share capital of Iansa and 93.15 per cent. of the issued share capital of Campos. The aggregate cash consideration payable to accepting Iansa and Campos shareholders under the Offers, amounting to US$ 93.35 million¹, will be settled on 8 September 2015.

ED&F Man was founded in 1783 and is a privately owned company that employs circa 4,000 people and has a presence in around 60 countries. ED&F Man is a specialist merchant of agricultural commodities, trading specifically in coffee, sugar, molasses, molasses by-products, animal feed and fish oil. In addition, ED&F Man provides access to commodity and capital markets through its brokerage business. The company is headquartered and registered at Cottons Centre, Hay’s Lane, London SE1 2QE, United Kingdom and is owned by its employees, with the exception of a 24.99 per cent. shareholding held by Südzucker AG.

(Note 1: FX rate of 688.24 CLP/US$)

Contact information

Company: BTG Pactual S.A. Corredores de Bolsa
Contact: Juan Guillermo Agüero
Telephone number: +56 2 2587 5000
E-mail address:
Company: Redleaf Communications
Contact: Emma Kane
Telephone number: +44 (0) 20 7382 4747
Mobile number: +44 (0) 7876 338 339
E-mail address:

Om Business Wire

Business Wire
Business Wire
24 Martin Lane
EC4R 0DR London

+44 20 7626 1982

Business Wire, a Berkshire Hathaway company, is the global leader in multiplatform press release distribution.

Følg saker fra Business Wire

Registrer deg med din epostadresse under for å få de nyeste sakene fra Business Wire på epost fortløpende. Du kan melde deg av når som helst.

Siste saker fra Business Wire

HCL Technologies Powers Volvo Ocean Race 2017-1823.10.2017 13:02Pressemelding

The 2017-18 edition of the Volvo Ocean Race was flagged off at Alicante, Spain, with HCL Technologies as the strategic IT services provider. The leading global IT services company has provided end-to-end infrastructure support as well as connectivity between the Race Village and the Command Centre in Alicante further connecting them to 12 Host Cities on the race route globally. The world's longest and toughest professional sporting event began at Alicante and will finish eight months later at The Hague. At the flag-off, Jordi Neves, Chief Digital Officer, Volvo Ocean Race, said: “Over four decades, Volvo Ocean Race has drawn some of the greatest ever sailors. This edition of the race will be more digitally focused than before, with HCL as the strategic IT services provider. This edition is also special for us as we embark on a major Sustainability Program in partnership wi

CES Unveiled Paris Returns Tomorrow for Fifth Year with 70+ Exhibitors23.10.2017 13:00Pressemelding

Consumer Technology Association (CTA):   WHAT:             CES Unveiled Paris returns to Paris tomorrow, for its fifth consecutive year, hosting more than 70 exhibitors. More than 600 attendees are expected at the event which will unite French tech startups, top media, buyers and industry influencers around the latest tech innovation and provide a preview of CES® 2018. Schedule as follows:  

Wipro Cited as a Leader in Everest Group PEAK Matrix™ for IT Security Services23.10.2017 12:59Pressemelding

Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading global information technology, consulting and business process services company, today announced that it has been recognized as a ‘Leader’ by Everest Group, a global independent consulting and research firm, in its report titled “IT Security Services- Market Trends and PEAK MatrixTM Assessment 2017: Security- the Biggest Digital Insecurity”. The report analyzed the capabilities of 17 leading global IT service providers on Everest Group’s PEAK Matrix. Wipro has been named as a Leader for its strong global delivery network with a transformational mind-set, and its ability to deliver high quality of services across regions and service segments, in terms of both execution and responsiveness. The report highlights the trends influencing the IT security services market, focusing on the increasing complexities, size and

ZeroStack Delivers Unified Multi-Cloud Application Development Platform Leveraging Existing Hardware Assets23.10.2017 12:00Pressemelding

ZeroStack, Inc., creators of the self-driving on-premises cloud, today announced that its cloud platform now runs on Nutanix HCI hardware, expanding choices for IT departments that want to empower their DevOps groups with a software-defined infrastructure that offers SaaS-delivered, multi-cloud operations. Developers can have a consistent platform no matter where they are located while reducing operational complexity and costs. Developers need a common platform to reduce costs and ensure efficient processes for software development, and budget-constrained IT departments want to gain maximum leverage out of existing hardware. ZeroStack’s Intelligent Cloud Platform is hardware independent, so it enables consistent processes regardless of the hardware used or where the developers access the infrastructure. As a result, developers can create secure private workspaces and build a per

Biogen and Eisai Expand Existing Collaboration Agreement to Develop and Commercialize Investigational Alzheimer’s Disease Treatments Including Phase 3 Aducanumab23.10.2017 11:15Pressemelding

Eisai Co., Ltd. (Headquarters: Tokyo, CEO: Haruo Naito, “Eisai”) and Biogen Inc. (NASDAQ: BIIB) (Headquarters: Cambridge, Massachusetts, United States, CEO: Michel Vounatsos, “Biogen”) announced today that the companies have expanded their existing agreement to jointly develop and commercialize investigational Alzheimer’s disease treatments. This press release features multimedia. View the full release here: Under the terms of the agreement Eisai has exercised its option to co-develop and co-promote aducanumab, Biogen’s investigational anti-amyloid beta (Aβ) antibody for patients with Alzheimer’s disease (“AD”). The expanded agreement leverages each company’s respective geographic strengths for commercialization and adjusts the respective share of profits from potential sales of aducanumab. Biogen will receive 55

Open Letter from Mats Granryd, Director General, GSMA23.10.2017 11:01Pressemelding

Dear Ministers, As you are no doubt aware, European citizens and businesses rely on mobile networks to socialise, do business and access information everyday in every corner of every Member State of the Union. The social and economic activity that rides over this digital infrastructure drives economic growth, shapes future innovation and fosters more inclusive societies. As you prepare to convene at tomorrow’s Ministerial Council Meeting, I must express my grave concerns on the current state of discussions on the proposed European Electronic Communication Code (the Code). Although the European Union’s vision of a ‘Gigabit Society’, and recent discussions amongst the European Heads of State, demonstrate a strong ambition to recapture the region’s digital leadership and harness the full power of digital to drive growth, jobs and competitiveness, we do not see action foc

I vårt presserom finner du alle våre siste saker, kontaktpersoner, bilder, dokumenter og annen relevant informasjon om oss.

Besøk vårt presserom