Grupo Minsa S.A.B. de C.V. (BMV:MINSA B) announced that it entered in to a subscription agreement for private placement of shares on August 30, 2016. The transaction will include participation from new investor Bunge Comercial, S.A. de C.V. to acquire majority stake in the company. The transaction is subject to the approval of the Mexican Antitrust Authority. The transaction is expected to close in early 2017.