Grupo México and Pacific Airport Group Grounded

Jul 1, 2014

A long-simmering dispute between Pacific Airport Group (GAP) and Grupo México may soon reach boiling point. Mexico’s Supreme Court is set to rule over the summer on whether GAP’s bylaws can be changed to allow a single shareholder — beyond the strategic investor — to own more than 10% of the company’s B shares. The company is held 15% by strategic...

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