The fund increased its share by 5% after rising again in February, increasing 5.2% on February 12 to 11.88%, to 15.42% less than two weeks later. In March it increased its share again, reaching the current 23.66% (17.22% directly and 6.43% through financial instruments).
As the majority shareholder, the Adar fund has a significant distance from the Bank of Montreal, the second shareholder, which controls 5.2% of the promoter. From the 30% stake, according to the law in force, the majority shareholder is required to launch an offer for the total capital of the company, Expansión recalls.