Grupo Argos will not participate in the takeover bids for shares of Grupo Sura and Grupo Nutresa

22 February 2022

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

Grupo Argos will continue accompanying Grupo Sura and Grupo Nutresa to materialize the initiatives announced by these companies aimed at maximizing value for all shareholders, among which the linking of strategic partners stands out.

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.