Rheem Chile Spa completed the acquisition of 14.44% stake in CEM S.A..
As of June 18, 2015, the shareholders of Rheem Chile and CEM S.A. approved the transaction. As of July 29, 2015, the dissenting shareholders of CEM S.A. are entitled to receive payment regarding their withdrawal right on July 31, 2015. As of September 1, 2015, 0.01 million shares were acquired. As of September 3, 2015, 1418 shares were acquired. As of September 3, 2015, Rheem Chile SpA acquired 78 shares in CEM S.A. from Mario Fernandez Rodriguez. As of September 24, 2015, Rheem Chile SpA acquired 463 shares from Myriam Werth Zanoleti and 17 shares from Cristian Valdivia Germain. As of September 25, 2015, Rheem Chile SpA acquired 14 shares from Vera Kuhlmamn Biggs. As of September 24, 2015, Rheem Chile SpA acquired 6 shares in CEM S.A. from Ester Precht Bañados. As of September 25, 2015, Rheem Chile SpA acquired 26 shares in CEM S.A. from Rosa Rodrighiero Zuaiga. The offer is administered by MBI S.A., Corredores de Bolsa.
Rheem Chile Spa completed the acquisition of 14.44% stake in CEM S.A. (SNSE:CEM) on December 17, 2015.