BEST CORPORATES - Grupo México
While well-known companies in the region sold assets overseas, Grupo México added an important US railway corridor to its holdings
In a year filled with negative rhetoric over US relations
with Mexico and uncertainty over the future of the North
American Free Trade Agreement (NAFTA), the mining and railway
company Grupo México bought a major asset north of the
The company, through its transportation division
GMéxico Transportes, agreed in March to buy Florida East
Coast Railway (FEC) from Fortress Investment Group for $2.1
billion. Grupo México said it would invest $350 million
in FEC and also...
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