Acerias Paz del Rio, S.A. (BVC:PAZRIO) signed an agreement to acquire Inversiones Paz del Río S.A.S and Minas Paz del Río S.A. on April 27, 2017. Shareholders of Acerias Paz del Rio, Minas Paz del Río and Inversiones Paz del Río approved the merger. As on November 15, 2017, Financial Superintendence approved the merger. Acerias Paz del Rio, S.A. (BVC:PAZRIO) completed the acquisition of Inversiones Paz del Río S.A.S and Minas Paz del Río S.A. on May 23, 2017.