Bachoco

Bachoco Announces Results of the Offer of its Shares

Retrieved on: 
Saturday, September 30, 2023

According to the figures determined by the placement intermediary, 8,205,316 shares representing Bachoco's capital stock participated in the offer and were accepted by the Offeror.

Key Points: 
  • According to the figures determined by the placement intermediary, 8,205,316 shares representing Bachoco's capital stock participated in the offer and were accepted by the Offeror.
  • By virtue of the foregoing, the Offeror, including affiliates and related parties, would directly or indirectly own 99.1% of Bachoco's capital stock.
  • Industrias Bachoco is a leader in the poultry industry in Mexico and one of the largest poultry companies in the world.
  • The document contains information that could be deemed forward-looking statements regarding expected future events and results of the Company.

Bachoco Issues Statement Regarding Rumors in Networks

Retrieved on: 
Wednesday, September 27, 2023

In the Offer, it is only pending the conclusion of the sales and purchases voluntarily made by the shareholders who wish to do so.

Key Points: 
  • In the Offer, it is only pending the conclusion of the sales and purchases voluntarily made by the shareholders who wish to do so.
  • Industrias Bachoco is a leader in the poultry industry in Mexico and one of the largest poultry companies in the world.
  • Bachoco is vertically integrated; its main business lines are: chicken, eggs, balanced feed, pork, among other products.
  • The document contains information that could be deemed forward-looking statements regarding expected future events and results of the Company.

Opinion of the Board of Directors regarding the Tender Offer for Bachoco´s shares

Retrieved on: 
Thursday, September 14, 2023

de C.V. (the “Mexican Stock Exchange”), and the volume-weighted average quotation value of the 30 days prior to the commencement of the aforementioned tender offer, that the purchase price per share of $88.26 pesos M.N.

Key Points: 
  • de C.V. (the “Mexican Stock Exchange”), and the volume-weighted average quotation value of the 30 days prior to the commencement of the aforementioned tender offer, that the purchase price per share of $88.26 pesos M.N.
  • to carry out the aforementioned offer was correctly determined in accordance with Section I, paragraph b) of Article 108 of the Mexican Securities Market Law.
  • Likewise, it noted that, considering that there is no pronouncement on the reasonableness of the purchase price, it was not considered necessary to hire a financial advisor.
  • The document contains information that could be deemed forward-looking statements regarding expected future events and results of the Company.

Bachoco Informs About Delisting Process in Mexico

Retrieved on: 
Wednesday, June 28, 2023

de C.V. ("Bachoco") (BMV: BACHOCO).

Key Points: 
  • de C.V. ("Bachoco") (BMV: BACHOCO).
  • de C.V.
    Industrias Bachoco is a leader in the poultry industry in Mexico and one of the largest poultry companies in the world.
  • Bachoco is vertically integrated; its main business lines are: chicken, eggs, balanced feed, pork, among other products.
  • It has more than 1,000 facilities organized into 9 production complexes and more than 100 distribution centers in Mexico and a production complex in the United States.

Bachoco Informs About Intent to Initiate Delisting Process in Mexico

Retrieved on: 
Wednesday, May 24, 2023

de C.V. ("Bachoco") (NYSE: IBA; BMV: BACHOCO).

Key Points: 
  • de C.V. ("Bachoco") (NYSE: IBA; BMV: BACHOCO).
  • Industrias Bachoco is a leader in the poultry industry in Mexico and one of the largest poultry companies in the world.
  • The Company was founded in 1952, and began trading on the Mexican Stock Exchange and the New York Exchange in 1997.
  • Bachoco is vertically integrated; its main business lines are: chicken, eggs, balanced feed, pork, among other products.

Bachoco Informs About Delisting in the United States

Retrieved on: 
Monday, April 24, 2023

de C.V. ("Bachoco") (NYSE: IBA; BMV: BACHOCO).

Key Points: 
  • de C.V. ("Bachoco") (NYSE: IBA; BMV: BACHOCO).
  • Consequently, Bachoco will not file an annual report on Form 20-F with the SEC, for the fiscal year ended on December 31, 2022.
  • Industrias Bachoco is a leader in the poultry industry in Mexico and one of the largest poultry companies in the world.
  • It has more than 1,000 facilities organized into 9 production complexes and 80 distribution centers in Mexico and a production complex in the United States.

Bachoco Informs About NYSE Delisting Application

Retrieved on: 
Tuesday, March 28, 2023

de C.V. ("Bachoco") (NYSE: IBA; BMV: BACHOCO).

Key Points: 
  • de C.V. ("Bachoco") (NYSE: IBA; BMV: BACHOCO).
  • Neither the delisting from the NYSE nor the termination of its registration under the Exchange Act is expected to affect the continued listing of Bachoco's shares on the Bolsa Mexicana de Valores, S.A.B.
  • Industrias Bachoco is a leader in the poultry industry in Mexico and one of the largest poultry companies in the world.
  • Bachoco is vertically integrated; its main business lines are: chicken, eggs, balanced feed, pork, among other products.

Bachoco Announces Purchase of Block of Shares

Retrieved on: 
Friday, March 17, 2023

de C.V. ("Bachoco") (NYSE: IBA; BMV: BACHOCO).

Key Points: 
  • de C.V. ("Bachoco") (NYSE: IBA; BMV: BACHOCO).
  • de C.V., through transactions individually executed with Grupo Bursátil Mexicano, S.A. de C.V., Casa de Bolsa, in its capacity as intermediary, shares that, in the aggregate, represent 1.2% of Bachoco's capital stock.
  • Industrias Bachoco is a leader in the poultry industry in Mexico and one of the largest poultry companies in the world.
  • Bachoco is vertically integrated; its main business lines are: chicken, eggs, balanced feed, pork, among other products.

Bachoco Announces Purchase of Block of Shares

Retrieved on: 
Friday, March 10, 2023

de C.V. ("Bachoco") (NYSE: IBA; BMV: BACHOCO).

Key Points: 
  • de C.V. ("Bachoco") (NYSE: IBA; BMV: BACHOCO).
  • de C.V., through transactions individually executed with Grupo Bursátil Mexicano, S.A. de C.V., Casa de Bolsa, in its capacity as intermediary, shares that, in the aggregate, represent 8.0% of Bachoco's capital stock.
  • Industrias Bachoco is a leader in the poultry industry in Mexico and one of the largest poultry companies in the world.
  • Bachoco is vertically integrated; its main business lines are: chicken, eggs, balanced feed, pork, among other products.

Bachoco Announces Final Results of the Offering for its Shares

Retrieved on: 
Wednesday, November 16, 2022

Industrias Bachoco is a leader in the poultry industry in Mexico and one of the largest poultry companies in the world.

Key Points: 
  • Industrias Bachoco is a leader in the poultry industry in Mexico and one of the largest poultry companies in the world.
  • Bachoco is vertically integrated; its main business lines are: chicken, eggs, balanced feed, pork, among other products.
  • The document contains information that could be deemed forward-looking statements regarding expected future events and results of the Company.
  • Any public offering of securities in the United States or Mexico must be made through the preparation of a prospectus or prospectus.