South American Investment Company Ltd, Grupinvers SA, Duncastle Slp, Bodegas y Viñedos Nicolas Catena SA and Dvc Inversiones S.A. (Offeror group) made a unilateral declaration of will to acquire remaining 2.78% stake in Bodegas Esmeralda S.A. (BASE:ESME) for approximately ARS 630 million on October 9, 2020. As reported, the Offeror group will acquire remaining 164.1 million shares in Bodegas Esmeralda S.A. at a price of ARS 3.843 per share in cash. The Offeror group will proceed to withdraw the Bodegas Esmeralda shares that are listed on Argentine Stock Exchanges and Markets. The offer was approved by the Boards of Directors and the administrative bodies of the companies that make up the Offeror group. Quantum Finanzas acted as independent financial advisor to the Offeror group. María Gabriela Grigioni, Facundo Fernández Santos, Natalia Sofia Güttner and Estefanía Paula Balduzzi acted as legal advisors of Perez Alati Grondona Benites Arntsen & Martinez de Hoz to the controlling shareholders of Bodegas Esmeralda S.A.