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