Grupo Argos' Assembly authorized the Board of Directors to deliberate and decide on the takeover bid for Grupo Sura4 January 2022
- In compliance with Grupo Argos’ corporate governance framework, the Shareholders Assembly authorized Ana Cristina Arango and Claudia Betancourt, members of the company’s Board of Directors, to deliberate and decide on the takeover bid for Grupo Sura.
- Five members of the Board of Directors of Grupo Argos will participate in the deliberation and decision. Gonzalo Alberto Pérez, President of Grupo Sura and Carlos Ignacio Gallego, President of Grupo Nutresa, will not participate in the deliberation and decision.
With a representation of more than 84% of Grupo Argos shares, this Tuesday, January 4, in a special meeting, the Shareholders Assembly authorized Ana Cristina Arango and Claudia Betancourt to participate in the deliberation and decision on the takeover bid for Grupo Sura common shares.
Considering that simultaneous takeover bids are being carried out for Grupo Nutresa and Grupo Sura shares, Carlos Ignacio Gallego, President of Grupo Nutresa and Gonzalo Alberto Pérez, President of Grupo Sura, will not participate in their capacity as members of the Board of Directors of Grupo Argos in the deliberation and decision regarding the takeover bid for Grupo Sura.
The Board of Directors of Grupo Argos will conduct a comprehensive analysis of the bid, considering, among others, the studies conducted by a group of national and international advisors on the economic, legal and strategic alignment aspects of the bid, on which it will make a timely decision.
Grupo Argos Foundation
The Grupo Argos Foundation and Terraformation sign an alliance to drive an ambitious carbon offset project through the planting of over 2.3 million native tree species in the southwestern region of Antioquia11 September 2023
Terraformation has selected the Grupo Argos Foundation's participatory ecological restoration program, "Sembrando Futuro," from among more than 200 applications in the inaugural cohort of its Forest Carbon Accelerator. This initiative stands as the sole selection in Latin America.
Grupo Argos supported the transaction in which Cementos Argos will combine its operations in the United States with Summit Materials, a company listed on the New York Stock Exchange.7 September 2023
The transaction was promoted by Grupo Argos in its role as an asset manager and majority shareholder of Cementos Argos, marking a significant milestone in the company's history of growth and value creation since its entry into the U.S. market in 2005.
The National University of Colombia and the Grupo Empresarial Argos launch the third cohort of the Sustainability Chair for more than 10,000 undergraduate students in Colombia.6 September 2023
Creamos Valor Social
Over 450 social and community leaders from Medellín, along with students, entrepreneurs, and volunteers from the Argos Group, connected with their life purpose through the "Creamos Valor Social" program.6 September 2023
The event "A Life with Purpose and Gratitude" was led by Nicolás Mejía, an entrepreneur in the automotive sector, a member of various boards of directors, teacher, and speaker from Medellín. He shared with attendees easily applicable tools to connect with their life purpose and achieve success both personally and professionally.