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Mexico bank Banorte to pay 13.7 bln pesos, plus shares, to buy peer Interacciones
2017年10月25日 / 晚上8点52分 / 1 个月前

Mexico bank Banorte to pay 13.7 bln pesos, plus shares, to buy peer Interacciones

MEXICO CITY, Oct 25 (Reuters) - Mexican bank Grupo Financiero Banorte said on Wednesday that it would spend 13.7 billion pesos ($719 million), plus shares, to acquire peer Grupo Financiero Interacciones.

As part of the deal, Banorte said it would issue additional shares for around 4 percent of the amount of shares currently in circulation.

The transaction will consist of 50 percent cash and 50 percent shares of Banorte, Interacciones said.

Banorte said it expects the deal to close in the second quarter of 2018, noting the transaction is subject to approval from regulators and both companies’ shareholders. ($1 = 19.0460 Mexican pesos) (Reporting by Julia Love and Anthony Esposito)

我们的标准:汤森路透“信任原则”
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