Mexico's Ferromex Ponders Merger with Ferrosur

Mexico's Ferromex Ponders Merger with Ferrosur

Mexico M&A

Mexican railroad operator Ferrocarril Mexicano (Ferromex) and Ferrocarril del Sureste (Ferrosur) are contemplating a merger, Ferromex says. The talk comes a year after a Mexican judge cleared the way for the deal to take place. The companies are units of Infraestructura y Transportes de Mexico (ITM), owned by Grupo Mexico. “The negotiations with respect to the probable merger between Ferromex and Ferrosur are under very preliminary discussion among its partners,” Ferromex says. Officials at Grup

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