OHLMEX.MX on Mexico Stock Exchange

18 Jun 2018
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Latest Key Developments (Source: Significant Developments)

IFM fund agrees with OHL Mexico to raise stake in OPI to 49 pct
Tuesday, 4 Oct 2016 

: OHL's Mexican unit said that IFM fund had agreed to increase stake in Organización de Proyectos Infraestructra (OPI) to 49 percent from the previous 24.99 pct .IFM fund will pay OHL Mexico 8.6 billion Mexican pesos, around 400 million euros.  Full Article

Audit on OHL Mexico deal finds irregularities for $16 mln
Monday, 22 Aug 2016 

Obrascon Huarte Lain SA : Says Mexican watchdog finds bidding for Viaducto Elevado Bicentenario deal was carried out according to rules . Says auditor recommends rebalancing of concessions to recognize the investments made by OHL Mexico .Says audit finds irregularities concerning 296 million Mexican pesos ($16 million).  Full Article

Spain's OHL confirms talks over possible buyout of Mexican unit
Tuesday, 26 Jul 2016 

Spain's OHL : Says in preliminary talks with an unnamed investment fund interested in a possible joint takeover bid for its Mexican unit, OHL Mexico . Says will not under any scenario invest additional funds to buy new shares of OHL Mexico . Reuters reported earlier on Tuesday OHL was in talks with Australia's IFM over a potential buyout of OHL Mexico [ID:nE8N13F02L] Further company coverage: [OHL.MC] (Reporting by madrid.newsroom@thomsonreuters.com) ((+34 91 585 2151;)).  Full Article