BMV

Grupo Aeroportuario del Pacifico Informs the Acquisition of 51.5% of the Shares Representing the Capital Stock of the Company “GWTC”

Retrieved on: 
onsdag, juni 12, 2024

de C.V., (NYSE:PAC; BMV: GAP) (“the Company” or “GAP”) informs that today signed the acquisition of 51.5% of the shares representing the capital stock of the company Guadalajara World Trade Center, S.A. de C.V. (“GWTC”), for a total amount of Ps.

Key Points: 
  • de C.V., (NYSE:PAC; BMV: GAP) (“the Company” or “GAP”) informs that today signed the acquisition of 51.5% of the shares representing the capital stock of the company Guadalajara World Trade Center, S.A. de C.V. (“GWTC”), for a total amount of Ps.
  • GWTC is a group consisting of seven companies that specialize in handling, storage, and custody services for international cargo.
  • These services are provided in facilities classified as free trade zone (recinto fiscal) at Guadalajara Airport and Puebla Airport.
  • The words “anticipates”, “believes”, “estimates”, “expects”, “plans” and similar expressions, as they relate to the company, are intended to identify forward-looking statements.

FEMSA completes Accelerated Share Repurchase Agreement, and announces new Agreement

Retrieved on: 
måndag, juni 10, 2024

de C.V. (“FEMSA” or the “Company”) (NYSE: FMX; BMV: FEMSAUBD, FEMSAUB) announces today that it has entered into a new derivative instrument in the form of an accelerated share repurchase transaction (“ASR”) to repurchase the Company’s American Depositary Shares (“ADSs”)1.

Key Points: 
  • de C.V. (“FEMSA” or the “Company”) (NYSE: FMX; BMV: FEMSAUBD, FEMSAUB) announces today that it has entered into a new derivative instrument in the form of an accelerated share repurchase transaction (“ASR”) to repurchase the Company’s American Depositary Shares (“ADSs”)1.
  • Under the terms of this new ASR, FEMSA has agreed to repurchase up to USD $600 million of its ADSs.
  • The final settlement of the ASR is expected to be completed, at the latest, in the fourth quarter of 2024.
  • Additionally, the Company announces the completion of the ASR announced in March 2024, which final delivery of the shares repurchased thereunder was on May 28, 2024.

Grupo Aeroportuario del Pacifico Announces Credit Line Refinancing for Ps. 1.5 Billion

Retrieved on: 
fredag, juni 7, 2024

GUADALAJARA, Mexico, June 07, 2024 (GLOBE NEWSWIRE) --  Grupo Aeroportuario del Pacífico, S.A.B.

Key Points: 
  • GUADALAJARA, Mexico, June 07, 2024 (GLOBE NEWSWIRE) --  Grupo Aeroportuario del Pacífico, S.A.B.
  • de C.V., (NYSE: PAC; BMV: GAP) (“the Company” or “GAP”) announces that today completed the refinancing of the credit facility that matured today with Banco Nacional de México, S.A., (“Citibanamex”) for Ps.
  • The interest will be payable monthly at a variable rate of TIIE-28 plus 24 basis points, without fees, and principal payment on December 5, 2025.
  • Grupo Aeroportuario del Pacífico, S.A.B.

Volaris Reports May 2024 Traffic Results: 86% Load Factor

Retrieved on: 
fredag, juni 7, 2024

de C.V. (NYSE: VLRS and BMV: VOLAR) (“Volaris” or “the Company”), the ultra-low-cost carrier (ULCC) serving Mexico, the United States, Central, and South America, reports its May 2024 preliminary traffic results.

Key Points: 
  • de C.V. (NYSE: VLRS and BMV: VOLAR) (“Volaris” or “the Company”), the ultra-low-cost carrier (ULCC) serving Mexico, the United States, Central, and South America, reports its May 2024 preliminary traffic results.
  • In May 2024, Volaris' ASM capacity decreased by 17.5% year-over-year due to the accelerated Pratt & Whitney engine inspections and the resulting aircraft groundings.
  • However, load factor increased by 1.6 pp YoY to 86.1%, as RPMs decreased by less than capacity.
  • The international market now represents over 40% of our total capacity, leveraging our ability to generate US dollar sales.

Finacity Upsizes IFRS Off-Balance Sheet Receivables Securitization for Vitro to USD 225 million

Retrieved on: 
torsdag, juni 6, 2024

STAMFORD, Conn., June 06, 2024 (GLOBE NEWSWIRE) -- Finacity Corporation, a White Oak Company, (“Finacity”) announced that it has successfully upsized its IFRS off-balance sheet trade receivables securitization for Vitro International Investments, S.A. and Vitro, S.A.B.

Key Points: 
  • STAMFORD, Conn., June 06, 2024 (GLOBE NEWSWIRE) -- Finacity Corporation, a White Oak Company, (“Finacity”) announced that it has successfully upsized its IFRS off-balance sheet trade receivables securitization for Vitro International Investments, S.A. and Vitro, S.A.B.
  • de C.V. (“Vitro”) (BMV: VITROA) from $175 million to $225 million.
  • The transaction includes the trade receivables originated by certain subsidiaries of Vitro in the United States of America, Mexico and Canada.
  • Finacity acted as the structuring agent providing structuring and execution support and is responsible for ongoing program administration and reporting.

Global Corona Brand Named Most Valuable Beer Brand in Kantar BrandZ Rankings

Retrieved on: 
onsdag, juni 12, 2024

Today, in Kantar’s BrandZ global rankings , Corona was recognized as the most valuable beer brand in the world.

Key Points: 
  • Today, in Kantar’s BrandZ global rankings , Corona was recognized as the most valuable beer brand in the world.
  • Eight out of the 10 most valuable global beer brands belong to AB InBev (Brussel:ABI) (BMV:ANB) (JSE:ANH) (NYSE:BUD), according to the report ranking the top brands in the world.
  • “Valued at more than $19 billion USD, Corona has become the most valuable global beer brand due to consistent acceleration of growth globally and specifically tapping into growing markets, like Brazil, China, South Africa while maintaining its stronghold in Mexico,” said Kantar CEO Chris Jansen.
  • “In everything that Corona does the brand evokes that emotional moment of having a break from the routine to reconnect with nature and oneself.

Blackstone Real Estate and MRP Group Announce Commencement of an All-Cash Tender Offer for Terrafina

Retrieved on: 
måndag, juni 10, 2024

Blackstone Real Estate and MRP Group, a developer, owner and operator of real estate in Mexico, today announced that a Mexican trust formed by their affiliates has commenced a tender offer for up to 100% of the outstanding real estate trust certificates of Terrafina (BMV:TERRA 13) at a purchase price of Ps.38.50 per certificate.

Key Points: 
  • Blackstone Real Estate and MRP Group, a developer, owner and operator of real estate in Mexico, today announced that a Mexican trust formed by their affiliates has commenced a tender offer for up to 100% of the outstanding real estate trust certificates of Terrafina (BMV:TERRA 13) at a purchase price of Ps.38.50 per certificate.
  • With a track-record of over 50 successful public company transactions, Blackstone Real Estate is well-positioned to execute this transaction.
  • The Mexican antitrust authority, the Comisión Federal de Competencia Económica (COFECE), has unconditionally approved the tender offer.
  • The tender offer is not subject to any financing condition and is not contingent on additional board or shareholder approvals.

GCC Presents Its First Integrated Report

Retrieved on: 
torsdag, maj 30, 2024

de C.V. (BMV: GCC* or, "the Company”), a leading producer of cement and concrete in the United States and Mexico, today published its inaugural Integrated Report for the fiscal year 2023.

Key Points: 
  • de C.V. (BMV: GCC* or, "the Company”), a leading producer of cement and concrete in the United States and Mexico, today published its inaugural Integrated Report for the fiscal year 2023.
  • The Integrated Report offers a comprehensive overview of GCC’s strategic actions and accomplishments throughout the year, reflecting its dedication to transparency, sustainability and excellence.
  • "Our Integrated Report reflects another year of achievements and progress.
  • To read GCC’s 2023 Integrated Report click here , and to access the full suite of reports, please visit www.gcc.com .

Danone Joins 100+ Accelerator as Fifth Partner for Scaling Sustainable Startup Innovation

Retrieved on: 
torsdag, maj 30, 2024

Today, Danone has joined AB InBev (Brussel:ABI) (BMV:ANB) (JSE:ANH) (NYSE:BUD), The Coca-Cola Company, Colgate-Palmolive Company, and Unilever as the fifth partner in the 100+ Accelerator, the groundbreaking program dedicated to pioneering sustainable innovation across global supply chains.

Key Points: 
  • Today, Danone has joined AB InBev (Brussel:ABI) (BMV:ANB) (JSE:ANH) (NYSE:BUD), The Coca-Cola Company, Colgate-Palmolive Company, and Unilever as the fifth partner in the 100+ Accelerator, the groundbreaking program dedicated to pioneering sustainable innovation across global supply chains.
  • In 2021, the 100+ Accelerator welcomed its first three partners to expand this unique approach to innovation and to further establish the value proposition of the program’s brand and mission.
  • It shows our commitment to working with all partners across our ecosystem to leverage our respective strengths to create shared value.
  • With the collective capabilities of AB InBev, The Coca-Cola Company, Colgate-Palmolive, Danone, and Unilever, the 100+ Accelerator will continue to scale innovative solutions to create a more sustainable world.

FIBRA Macquarie México Announces Ordinary Holders’ Meeting to Approve the Acquisition of Terrafina

Retrieved on: 
onsdag, maj 22, 2024

As announced on April 22, 2024, FIBRA Macquarie submitted an indicative non-binding proposal in respect of a tender offer to acquire up to 100% of the real estate trust certificates ("CBFIs") of Terrafina.

Key Points: 
  • As announced on April 22, 2024, FIBRA Macquarie submitted an indicative non-binding proposal in respect of a tender offer to acquire up to 100% of the real estate trust certificates ("CBFIs") of Terrafina.
  • The aforementioned announcement followed an authorization from the Technical Committee of Terrafina for FIBRA Macquarie to acquire more than 10% of the outstanding CBFIs of Terrafina.
  • The proposed transaction represents a strategic acquisition for FIBRA Macquarie and provides both sets of investors the opportunity to crystalize a true merger of equals and form the largest institutional FIBRA (Real Estate Investment Trust) in Mexico.
  • A copy of the presentation to be provided to the Meeting will be published in the upcoming days.