ED&F Man Holdings Limited intends to make an offer to acquire 39.04% stake in Sociedad de Inversiones Campos Chilenos S.A. (SNSE:CAMPOS) for CLP 12 billion on June 22, 2015. In a related transaction, ED&F Man Holdings Limited intends to make an offer to acquire 57.26% stake in Empresas Iansa S.A. (SNSE:IANSA) for CLP 58.9 billion on June 22, 2015. ED&F Man will offer CLP 33.03 per share in cash as consideration. ED&F Man indirectly owns 60.96% of the shares in Sociedad de Inversiones Campos Chilenos. ED&F Man intends to finance the offers from its existing available liquidity. The Empresas Iansa offer and the Sociedad de Inversiones Campos Chilenos offer will be launched simultaneously by a wholly-owned subsidiary of ED&F Man as soon as possible, but in any event no later than July 22, 2015. The Sociedad de Inversiones Campos Chilenos offer will be subject to a minimum acceptance of 14.04% so that ED&F Man controls a minimum, direct and indirect, shareholding in Sociedad de Inversiones Campos Chilenos of 75% and the success of the Empresas Iansa offer. As of August 4, 2015, ED&F Man Holdings increased offer price to CLP 34 per share. As of August 4, 2015, ED&F Man Holdings further increased offer price to CLP 35.02 per share. The offer period was extended until September 2, 2015.

BTG Pactual acted as exclusive financial advisor to ED&F Man and will act as deal manager of the offer. Baker & McKenzie acted as legal advisor to ED&F Man.

ED&F Man Holdings Limited completed the acquisition 32.18% stake in Sociedad de Inversiones Campos Chilenos S.A. (SNSE:CAMPOS) for CLP 10.5 billion on September 2, 2015. ED&F acquired 300.86 million shares of Sociedad de Inversiones Campos Chilenos.