Empresas Carozzi S.a. acquired 99.93% stake in Bonafide S.A.I. Y C. from Inversiones Agrícolas y Comerciales S.A. for $35.7 million.

Empresas Carozzi S.a. acquired 99.93% stake in Bonafide S.A.I. Y C. from Inversiones Agrícolas y Comerciales S.A. (SNSE:IACSA) for $35.7 million on May 30, 2017. Empresas Carozzi acquired 7404.96 million shares of Bonafide in the deal. Empresas Carozzi S.a. completed the acquisition of 99.93% stake in Bonafide S.A.I. Y C. from Inversiones Agrícolas y Comerciales S.A. (SNSE:IACSA) on May 30, 2017.