Grupo Mexico sells nearly all shares airport operator GAP By Reuters

© Reuters. FILE PHOTO: The emblem of mining and infrastructure agency Grupo Mexico is pictured at its headquarters in Mexico Metropolis, Mexico, August 8, 2017. REUTERS/Ginnette Riquelme/File Photograph

MEXICO CITY (Reuters) – Railroad and mining firm Grupo Mexico has bought nearly all of its shares in Mexican airport operator Grupo Aeroportuario del Pacifico (NYSE:) (GAP), a regulatory submitting confirmed on Friday.

The 2 corporations had been locked in a authorized battle since 2011 when Grupo Mexico stated it deliberate to launch a young provide for at the very least 30% of the airport operator.

GAP has stated its bylaws restrict shareholders to holding not more than 10% of its excellent inventory and has been making an attempt to power Grupo Mexico to cut back its stake.

Disclaimer: Fusion Media want to remind you that the information contained on this web site just isn’t essentially real-time nor correct. All CFDs (shares, indexes, futures) and Foreign exchange costs will not be offered by exchanges however somewhat by market makers, and so costs will not be correct and will differ from the precise market worth, which means costs are indicative and never acceptable for buying and selling functions. Subsequently Fusion Media doesn`t bear any duty for any buying and selling losses you may incur because of utilizing this knowledge.

Fusion Media or anybody concerned with Fusion Media is not going to settle for any legal responsibility for loss or harm because of reliance on the data together with knowledge, quotes, charts and purchase/promote indicators contained inside this web site. Please be absolutely knowledgeable relating to the dangers and prices related to buying and selling the monetary markets, it is among the riskiest funding kinds doable.

What do you think?

Written by colin


Leave a Reply

Your email address will not be published. Required fields are marked *



Bitmart’s $150M theft, ‘Metaverse’ trending, Hong Kong mogul builds in The Sandbox By Cointelegraph

Solana reportedly hit by DDoS assault, however community stays on-line By Cointelegraph