Key Developments: Alfa SAB de CV (ALFAA.MX)

ALFAA.MX on Mexico Stock Exchange

34.55MXN
26 Dec 2014
Price Change (% chg)

$0.30 (+0.88%)
Prev Close
$34.45
Open
$34.49
Day's High
$34.75
Day's Low
$34.01
Volume
1,762,895
Avg. Vol
11,947,541
52-wk High
$47.50
52-wk Low
$29.45

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Latest Key Developments (Source: Significant Developments)

Pacific Rubiales Energy Corp announces joint venture with Alfa SAB de CV to develop Mexican projects
Wednesday, 3 Dec 2014 09:54pm EST 

Pacific Rubiales Energy Corp:Enters into agreement in principle with Alfa SAB de CV in connection with formation of joint venture company in Mexico on 50/50 basis.Joint venture will also allow for: (i) the joint study of, and bidding on, assets in Mexico's initial oil and gas bid round in 2015 (the first bid round).(ii) the acquisition of services contracts with a view to migrating them to exploration and production contracts.(iii) the development or petroleum and natural gas assets in Mexico;.And (iv) the development of any business ancillary to the petroleum business in Mexico, including mid-stream projects.Under terms of agreement, Pacific Rubiales and ALFA will jointly identify, discuss, evaluate and undertake joint venture prior to first bid round.Joint venture remains subject to any applicable regulatory approvals and the determination of Joint venture structure pursuant to definitive agreement.  Full Article

Alpek SAB de CV, unit of Alfa SAB, considers development of a cogeneration plant of $700 mln
Friday, 7 Nov 2014 02:53pm EST 

Alpek SAB de CV:Considers development of a cogeneration energy-vapor plant in Altamira, Tamaulipas.Investment could reach a total of $700 million and capacity of 600 Megawatts.Alpek SAB de CV is a subsidiary of Alfa SAB de CV.  Full Article

Alfa approves share capital increase
Tuesday, 4 Nov 2014 12:51pm EST 

Alfa SAB de CV:Approves share capital increase through issuance of 400 million new shares.  Full Article

Alfa SAB de CV reaffirms FY 2014 EBITDA guidance - Conference Call
Wednesday, 15 Oct 2014 11:30am EDT 

Alfa SAB de CV:Confirms FY 2014 consolidated EBITDA guidance plus estimate for Campo Frio.  Full Article

Alfa raises stake in Pacific Rubiales Energy Corp-Reuters
Wednesday, 20 Aug 2014 05:13pm EDT 

Alfa SAB de CV:Alfa said it paid C$21 ($19.15) per share to increase its total stake in Pacific Rubiales Energy Corp to 17.07 percent-Reuters.Alfa bought 9,017,400 shares to take its total position to 53,657,900 shares, the company said in a statement.  Full Article

Alfa approves $1 billion bond placement
Thursday, 20 Mar 2014 03:57pm EDT 

Alfa SAB de CV:Approves placement of bonds for $1,000 million on international markets.Bonds to be issued in two parts.First part $500 million, maturity 10 years, annual rate 5.25 percent.Second part $500 million, maturity 30 years, annual rate 6.875 percent.  Full Article

Alfa SAB de CV gives FY 2014 revenue guidance-Reuters
Wednesday, 12 Feb 2014 07:00pm EST 

Alfa SAB de CV:Forecasts FY 2014 investment rising to just over $1billion-Reuters.Expects investment to rise from the $872 million reached in 2013.Sees revenue of $15.84 billion, in comparison to the $15.87 billion earned in 2013.  Full Article

Alfa SAB de CV approves dividend
Monday, 2 Dec 2013 01:18pm EST 

Alfa SAB de CV:Says the shareholders, at the General Ordinary Shareholders' Meeting held on Dec. 2, approved a dividend in the amount of about $156 million, at a value of $0.03 per share for each of 5,200 million outstanding shares.Says the dividend will be payable as of Dec. 9.  Full Article

Alfa SAB de CV's Sigma Alimentos Files To Go Public-Reuters
Friday, 15 Nov 2013 06:50pm EST 

Reuters reported that Sigma Alimentos, part of Mexican conglomerate Alfa SAB de CV's on November 15, 2013 filed a request for a public offering. Sigma sells well-known brands of meat such as Fud and Nochebuena.  Full Article

Alfa SAB de CV Announces FY 2012 Dividend Payment
Thursday, 28 Feb 2013 01:47pm EST 

Alfa SAB de CV announced that on February 28, 2013, at the General Ordinary Shareholders’ Meeting, the shareholders approved a dividend payment for fiscal year 2012 in the amount of approximately USD 120 million, at a value of USD 0.023 per share for 5,200 million outstanding shares, effective on March 11, 2013.  Full Article

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