Overview
Announcements

Acquisition | GRUPO SECURITY SA | 7th March 2025

Initially announced on January 24, 2024 BICECORP SA announced a cash and stock offer for GRUPO SECURITY SA. Each shareholder will receive a cash payment for 20% of their shares accepted for transfer in the takeover bid, based on a price of CLP 278.90 per share, while the remaining 80% of their shares they will be paid through a one-to-one exchange with BICECORP shares. Tender offer results for the offer ending February 26, 2025 indicate the percentage of shares held by the acquirer after the offer reached 98.43%. Due to the free float of GRUPO SECURITY SA falling below 15%, it will be removed from the indices effective (open) March 7, 2025.

The treatment below will be applied to the following indices:

  • GRUPO SECURITY SA will be removed from the Index.
  • The weight of GRUPO SECURITY SA (SECURITY.SN) based on its last close price will be distributed pro rata to remaining Index constituents.
  • Effective Date (open): 07/03/2025

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