Trinity Capital Inc. (NasdaqGS:TRIN) and Structure Banca de Inversión agreed to acquire Acerías Paz del Río S. A. (BVC:PAZRIO) from Votorantim S.A., Boyacá Development and Promotion Institute and others for COP 90 billion on November 19, 2021. Under the offer, transaction will be settled for COP 3.65 per share. The transaction is approved from the Colombian financial services watchdog. The transaction is expected to close in the first quarter of 2022.

Trinity Capital Inc. (NasdaqGS:TRIN) and Structure Banca de Inversión completed the acquisition of 82.42% stake in Acerías Paz del Río S. A. (BVC:PAZRIO) from Votorantim S.A., for COP 74.8 billion on January 14, 2022.