Mexico City, January 10, 2020 – Orbia Advance Corporation, S.A.B. de C.V. (BMV: ORBIA*) (“the Company” or “Orbia”).
Regarding information published today by a third party, Orbia Advance Corporation, S.A.B. de C.V. informs that, as part of its strategy, it is continuously looking for business opportunities, as well as alternatives for acquisitions, sales, mergers and other financial operations to unlock shareholder value. In this context, and in line with our long-term strategy, Orbia is in the process of analyzing potential divestment alternatives or strategic alliances with respect to our Vinyl business, without, to date, having any certainty or approval of the execution of any transaction.
When appropriate, ORBIA will inform the investment community of any transaction that it undertakes, and will carry out the corresponding processes in accordance with the applicable legislation.