Overview
Announcements

Acquisition | EXITO ADR | 25th January 2024

Initially announced on December 18, 2023 Cama Commercial Group made a cash offer for EXITO ADR of USD 7.2424 per EXITO ADR held. As of January 18, 2024, approximately 259,971,734 EXITO common shares had been tendered into the Colombian Tender Offer (including shares represented by BDRs), which, together with the EXITO common shares underlying ADRs tendered into the U.S. Tender Offer, constitute approximately 85.14% of the outstanding EXITO common shares. Since the free float of company has dropped below 15 percent, Solactive AG will remove ALMACENES EXITO SA BDR giving 2 business days notice.

The treatment below will be applied to the following indices:

  • EXITO ADR will be removed from the Index.
  • The weight of EXITO ADR (EXTO.N) based on its last close price will be distributed pro rata to remaining Index constituents.
  • Effective Date (open): 25/01/2024

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