Billionaire Jaime Gilinski reached an agreement that will give him control of Colombia’s largest food maker in exchange for his stake in the financial conglomerate Grupo Sura.
Gilinski, in partnership with the royal family of Abu Dhabi, will increase his stake in Grupo Nutresa to at least 87%, according to a regulatory filing. In exchange, Gilinski will swap his stake in Grupo de Inversiones Suramericana, or Grupo Sura as it’s known, according to a person familiar with the transaction.
