Radar > 242124

Grupo México could carry out IPO for ITM in 1Q17

Grupo México podría sacar a bolsa su filial ITM en el primer trimestre de 2017

Intel ID : 242124
Synopsis

Grupo México (BMX:GMEXICOB), a mining company, could carry out an IPO of its subsidiary Infraestructura y Transportes México (ITM) in the Mexican Stock Exchange during 1Q17, reported Reuters on 28 October 2016, citing sources familiar with the company.

The firm, which postponed the IPO in 2015 (see related intel), could again discuss this possibility in 1Q17, with which it hopes to fetch approximately USD 1bn.
(content in spanish)

Grupo México (BMX: GMEXICOB), empresa dedicada a la explotación de minas, podría iniciar la oferta pública de las acciones de su filial ferroviaria Infraestructura y Transportes México (ITM) en la Bolsa de Valores de México durante el primer trimestre de 2017, según ha informado Reuters el 28 de octubre de 2016, citando fuentes cercanas a la compañía.

La firma, que en 2015 pospuso su salida a Bolsa (ver Intels relacionados), podría analizar nuevamente esta posibilidad en el primer trimestre del 2017, con la que espera obtener USD 1.000m, aproximadamente.

Intel ID 242124
Value ND
Native Currency US Dollar (USD)
Exchange Rate:
Financial Data - Grupo México
(31 Dec 2017)
Revenue: EUR 1.636,00m
EBITDA: EUR 700,85m
Exchange Rate:
Date
Country
Region
Continent
Geography
Subsector (Old TTR Sectors)
Type
Intel Grade
Source
Tags

Issuer

Name
potential
Subsector (Old TTR Sectors)
Services and Distribution / Transport, Aviation and Logistics (Primary)
Primary Sector (TTRSC)
35.10.08 Rail Freight Transport
35 Industrials / 35.10 Transportation & Logistics

Secondary Sectors (TTRSC)
35.09.03 Railway Infrastructure
35 Industrials / 35.09 Transport Infrastructure

Country
Website
Description

Seller

Name
potential
Subsector (Old TTR Sectors)
Natural Resources / Mining (Primary)
Services and Distribution / Transport, Aviation and Logistics
Primary Sector (TTRSC)
55.05.02 Copper & Cobalt Mining & Refining
55 Raw Materials & Natural Resources / 55.05 Metal & Mineral Resources

Secondary Sectors (TTRSC)
35.10.08 Rail Freight Transport
35 Industrials / 35.10 Transportation & Logistics

Country
Website
Description

Radar

Date Title Type Intel Grade Country Subsector  

Legend:

verified Verified: Confirmed as a party to an active or possible transaction.

potential Potential: Unconfirmed as a party to an active or possible transaction.

retained Retained: Confirmed as “Retained” with a general or specific mandate.

prospect Prospect: Advisory “Prospect” in discussions with or pitching services to possible client.

Transactional data is continuously updated by the research team and therefore is subject to change.