Regulatory Alerts2026-04-08
Adjunct Superintendent Resolution for Conduct Supervision No. 015-2026-SMV/11
The Superintendency of the Market and Securities (SMV) issued Adjunct Superintendent Resolution No. 015-2026-SMV/11 on April 8, 2026, to lift the suspension of RBB Salus Holdings Limited's prior public acquisition offer for Azzaro Trading S.A. This decision reverses the previous suspension order (Resolution No. 014-2026-SMV/11) based on the reasons detailed in the document's consideration section. The acquisition remains subject to a minimum threshold of 11,455,821 shares, representing 88.75% of Azzaro Trading S.A.'s capital, with a maximum target of 12,907,627 shares.
Adjunct Superintendent Resolution for Conduct Supervision No. 015-2026-SMV/11 April 8, 2026
To declare void the suspension of the Prior Public Acquisition Offer formulated by RBB Salus Holdings Limited to acquire a maximum of 12,907,627 (twelve million nine hundred seven thousand six hundred twenty-seven) common shares representing the social capital of Azzaro Trading S.A., equivalent to all shares issued by the issuer, subject to the acquisition of a minimum of 11,455,821 (eleven million four hundred fifty-five thousand eight hundred twenty-one) common shares of the aforementioned company, which represent 88.75% of the social capital of Azzaro Trading S.A., as ordered by Adjunct Superintendent Resolution SMV No. 014-2026-SMV/11 of March 31, 2026, for the reasons set forth in the consideration section of this resolution.
RSASCM 015 - lifting of Azzaro PDF 816.5 KB Download