Nutresa Shares to Be Oversubscribed on Orders From Peru, Chile.

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A $295 million share sale by Grupo Nutresa SA, Colombia’s biggest food producer, will likely be oversubscribed as Chilean and Peruvian funds place orders, said Chief Executive Officer Carlos Enrique Piedrahita.

“There are many and large orders from pension and mutual funds from Peru and Chile,” Piedrahita told reporters in Bogota. “The issuance will surely be oversubscribed at this rate.”

Fuente: Bloomberg.