Grupo Mexico sells nearly all shares of airport operator GAP

MEXICO CITY (Reuters) – Mexican railway and mining company Grupo has sold almost all of its stake in Mexican airport operator Grupo Aeroportuario del Pacifico (GAP), a regulatory filing showed on Friday. .

The two companies have been embroiled in a legal battle since 2011 when Grupo Mexico said it planned to make an offer to buy at least a 30% stake in the airport operator.

GAP says its law limits shareholders to no more than 10% of the outstanding shares and is trying to force Grupo Mexico to reduce its stake.

(Reporting by Noe Torres)

https://whbl.com/2021/12/10/grupo-mexico-sells-almost-all-shares-airport-operator-gap/ Grupo Mexico sells nearly all shares of airport operator GAP