Grupo Argos will not participate in the takeover bid for Grupo Nutresa shares

Taking into account the technical and strategic analyzes presented by J.P. Morgan, and the legal analyzes on the offer presented by external legal advisors, among other considerations, the Board of Directors of Grupo Argos decided not to participate in the takeover bid for Grupo Nutresa.

Grupo Argos reiterates its commitment to its shareholders so that they are the ones who perceive the fundamental value of the company and its investment portfolio.