GENTERA ANNOUNCES FORMALIZATION OF INVESTMENT IN CONCRDITO
13 Junio 2018 - 06:49PM
BMV General Information
MEXICO CITY, JUNE 13, 2018. - GENTERA, S.A.B. OF C.V. ("GENTERA"
BMV: GENTERA *) ANNOUNCES THAT THE INVESTMENT PROCESS IN CONCRDITO
WAS FORMALIZED TODAY. THE INVESTMENT PROCESS IN CONCREDITO, WHICH
IS A COMPANY FORMED BY FIN TIL, S.A. OF C.V. SOFOM, E.N.R. AND
COMFU, S.A. DE C.V., BEGAN IN DECEMBER 2017. THE TRANSACTION IS
COVERED WITH GENTERA'S OWN RESOURCES AND IMPLIES A GLOBAL AMOUNT OF
MXN 2,585 MILLION, INCLUDING MXN 2,085 MILLION FOR A 36.8% STAKE OF
THE COMPANY'S CAPITAL AND MXN 500 MILLION IN CONVERTIBLE DEBT.
- THE INVESTMENT IN CONCRDITO HAS THE AUTHORIZATION OF THE FEDERAL
COMMISSION FOR ECONOMIC COMPETITION