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ALFAA.MX on Mexico Stock Exchange

21 Oct 2016
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$0.09 (+0.31%)
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Latest Key Developments (Source: Significant Developments)

Axtel SAB de CV accepts exchange conditions in the merger deal with Alfa
Monday, 21 Dec 2015 05:59pm EST 

Axtel SAB de CV:Says having considered the opinion of Citigroup Global Markets Inc (fairness opinion) has approved the exchange factor proposed for the Axtel - Onexa (unit of Alfa SAB de CV) merger.  Full Article

Alfa SAB de CV to merge its unit with Axtel
Thursday, 1 Oct 2015 04:59pm EDT 

Alfa SAB de CV:Reach agreement with Axtel to merge its unit Alestra s de RL with Axtel SAB de CV.Alfa to keep stake of 51 pct in the combined company.Axtel to stay on stock exchange.  Full Article

Alfa SAB de CV, Harbour Energy cancel Pacific Rubiales acquisition
Wednesday, 8 Jul 2015 07:05pm EDT 

Alfa SAB de CV:Says acquisition document signed by Alfa and Harbour Energy with Pacific Rubiales was canceled and the deal to acquire Pacific Rubiales shares is left without effect.Says Chief Executive of Harbour Energy Linda Cook said preliminary estimation showed that majority of shareholders would vote against acquisition while the offer of C$6.50 per share was complete, fair and final, and company does not plan to revise the offer.As a result Alfa and Harbour Energy step away from the deal.  Full Article

Alfa buys 37 pct stake in Campofrio from WH Group for $354 mln
Wednesday, 3 Jun 2015 04:01pm EDT 

Alfa SAB de CV:Buys 37 percent stake in Campofrio Food Group from WH Group for $354 million.Says to keep the stake in Campofrio temporarily to sell it later to Signa Alimentos SA de CV.  Full Article

ALFA SAB de CV and Harbour Energy to acquire Pacific Rubiales Energy Corp for C$6.50 per common share in all-cash transaction
Thursday, 21 May 2015 12:01am EDT 

Pacific Rubiales Energy Corp:Enters into definitive agreement with ALFA SAB de CV, and Harbour Energy Ltd. and Harbour Energy, L.P. (together, Harbour Energy).Pursuant the agreement a newly-formed company (the purchaser) jointly owned by ALFA and Harbour Energy will acquire all of outstanding common shares of Pacific Rubiales by way of a court-approved plan of arrangement under Business Corporations Act (British Columbia).Says that pursuant to arrangement, each common share of Pacific Rubiales not already owned by ALFA (or held by the cmpany in treasury) will be acquired by purchaser for cash consideration of C$6.50 per share.Says transaction is expected to close in third quarter of 2015.  Full Article

Alfa SAB de CV and Harbour Energy eye to acquire Pacific Rubiales Energy Corp
Wednesday, 6 May 2015 12:28am EDT 

Alfa SAB de CV:Says together with Harbour Energy begun talks with Pacific Rubiales Energy Corp (PRE) to acquire all shares of PRE that are not owned by Alfa for 6.50 Canadian dollars per share.Alfa currently owns around 18.95 pct of PRE.  Full Article

Alfa approves dividend payment
Wednesday, 15 Apr 2015 03:08pm EDT 

Alfa SAB de CV:Approves dividend of $0.03 per share.Dividend to be paid on April 24.  Full Article

Alfa SAB de CV gives FY 2015 outlook - Conference Call
Tuesday, 24 Feb 2015 05:00pm EST 

Alfa SAB de CV:Expects FY 2015 revenues of $16.6 bln.Expects FY 2015 EBITDA at $2.1 bln.  Full Article

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