LTS Investment S.à r.l. acquired an additional 12% stake in Distribuidora Internacional de Alimentación, S.A. (BME:DIA) on January 19, 2018. Following the acquisition, LTS Investment increased its stake from 3% to 15% representing 93.4 million ordinary shares in Distribuidora Internacional de Alimentación. LTS Investment has also entered into a collateralized forward purchase transaction to acquire a further 62.2 million ordinary shares, equal to an additional 10.0% of Dia’s total share capital. Lorenzo Corte, Ioanna Pantelaki, Evan Shepherd and Andrea Spadacini of Skadden, Arps, Slate, Meagher & Flom LLP acted as legal advisor for LTS Investment S.à r.l., subsidiary of LetterOne Hodings S.A. LTS Investment S.à r.l. completed the acquisition of an additional 12% stake in Distribuidora Internacional de Alimentación, S.A. (BME:DIA) on January 19, 2018.