GAP Gets Restrictions Against Grupo Mexico Bid

GAP Gets Restrictions Against Grupo Mexico Bid

Mexico M&A

Mexico’s Grupo Aeroportuario del Pacifico (GAP) has managed to secure a number of legal provisions in hopes of preventing Grupo Mexico from taking over the company. GAP says its legal team managed to include 4 main provisions in the legal case that the company has launched against Mexican brokerages acquiring GAP shares in the open market. The new provisions demand that brokerages respect GAP’s statutes which forbid any shareholder from owning more than a 10% stake in the company. They also comp

Already have an account?

Free trial

Take a free two-week trial now for the latest news, data and market analysis.

Free Trial