Arca Continental, S.A.B. de C.V. (BMV:AC *) launched a tender offer to acquire 4.2% stake in Corporación Lindley S.A. (BVL:CORLINI1) for $42.9 million in cash on June 30, 2016. Under the terms of the agreements, Arca Continental will pay $1.57 for each Series C common share of Corporacion Lindley. The offer shall be available from June 30, 2016 to July 15, 2016.