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... said on Thursday a proposed merger of two of its railroad units could come by the first quarter of next year depending on a green light from Mexico's competition commission. More: Grupo Mexico says rail merger depends on regulators.
Mining and transportation giant Grupo Mexico said on Thursday a proposed merger of two of its railroad units could come by the first quarter of next year depending on a green light from Mexico's competition commission.
another Mexican railroad, Ferrosur, through a subsidiary but antitrust regulators objected. In May of this year, a federal court ruled in Grupo Mexico's favor and said the commission, known as Cofeco, should consider the merger approved ...
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Ferromex and Ferrosur are clustered under Grupo Mexico's transportation division, Infraestructura y Transportes Mexico, or ITM...." http://www.miningweekly.com/article/grupo-mexico-says-rail-merger-depends-on-regulators-2010-07-29 ...