Investor group raises bid for Aeromexico airline
MEXICO CITY, Oct 12 (Reuters) - A group of Mexican investors sweetened its offer for airline Aeromexico on Friday by offering warrants in additional to its original $160 million bid.
The warrants offered by the group, which includes Citigroup (C.N: Quote, Profile, Research, Stock Buzz), would pay out 10 percent of the increased value in Aeromexico AMEXICOA.MX from when it is acquired until it is eventually floated again in a stock market offer. (Reporting by Noel Randewich)
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