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General

Transtelco launches MXN 608 mln bid to acquire Mexico's Maxcom

Monday 27 September 2021 | 11:36 CET | News
Texas-based fibre provider Transtelco has launched a bid to acquire 100 percent of the shares of Mexican operator Maxcom Telecomunicaciones for a total of around MXN 608 million. In a statement to Mexico's stock exchange, Maxcom said Transtelco was offering MXN 2.20 a share for its 276.5 million shares. The  equity tender offer is due to last 20 business days, ending on 21 October unless extended at the request of Transtelco.

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Categories: General
Companies: Maxcom Telecomunicaciones / Transtelco
Countries: Mexico
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