Mergers & Acquisitions

Grupo Televisa buys 49% of competitor Cablecom that it didn’t already own for about US $654 million. Mexican regulator IFT now has a month to review transaction for “dominance”.

Mexichem buys polyethylene pipe maker Dura-Line from private equity firm CHS Capital. Terms not disclosed, but transaction set to close in fourth quarter 2014.

Mexican conglomerate Alfa ups stake in Canadian oil concern Pacific Rubiales Energy to 17.1% for US $172.7 million, to take advantage of newly opened Mexican energy market.

Hasta la próxima!

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