America Movil SAB de CV Signs Agreement With Corporacion Interamericana de Entretenimiento SAB de CV For Acquisition Of 100% Shares In Corporacion de Medios Integrales SA de CV


Monday, 21 Jan 2013 08:36am EST 

America Movil SAB de CV announced that on January 21, 2013 it signed an agreement with Corporacion Interamericana de Entretenimiento SAB de CV (CIE) for acquisition of 100% shares in Corporacion de Medios Integrales SA de CV (CMI). CMI is the holding company of the division of media and publicity rights and spaces that form part of the commercial segment of CIE. The closing of the transaction is subject to obtaining certain authorization and is expected to be carried out during the second quarter of 2013. Financial details were not disclosed. 

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