Casa de Bolsa Finamex Sociedad Anónima Bursátil de Capital Variable (BMV:FINAMEX O) acquired remaining 40% stake in Somoza Finamex Inversiones SA de CV.
July 20, 2013 at 12:00 am EDT
Casa de Bolsa Finamex Sociedad Anónima Bursátil de Capital Variable (BMV:FINAMEX O) acquired remaining 40% stake in Somoza Finamex Inversiones SA de CV on July 20, 2013. Pursuant to the transaction, Finamex will own 100% stake in Somoza Finamex. Manuel Somoza, President and Juan Musi, Chief Executive Officer of Somoza Finamex will retire.
Casa de Bolsa Finamex Sociedad Anónima Bursátil de Capital Variable (BMV:FINAMEX O) completed the acquisition of remaining 40% stake in Somoza Finamex Inversiones SA de CV on July 20, 2013.