Bolsa de Valores de Lima S.A. completed the acquisition of additional 53.83% stake in Cavali S.A. I.C.L.V. for approximately PEN 120 million.

Bolsa de Valores de Lima S.A. (BVL:BVLAC1) launched tender offer to acquire the remaining 60% stake in Cavali S.A. I.C.L.V. (BVL:CAVALIC1) on January 29, 2015. Bolsa de Valores de Lima would acquire up to 17.27 million shares of CAVALI. Bolsa de Valores offers to deliver in exchange of CAVALI's shares up to 13.11 newly issued class A shares at exchange rate of 0.759228 class A share for each share of CAVALI. The offer is subject to a minimum acceptance of 7.7 million shares, representing 26% of total shares of Cavali. As of February 5, 2015, Cavali SA approved the take over offer launched by Bolsa de Valores. Offer period starts from January 29, 2015 to March 4, 2015.

Bolsa de Valores de Lima S.A. (BVL:BVLAC1) completed the acquisition of additional 53.83% stake in Cavali S.A. I.C.L.V. (BVL:CAVALIC1) on March 4, 2015. Bolsa de Valores de owns 27 million shares of Cavali after the completion of the transaction.