GMD Resorts SAB: Business description, financial summary, 3yr and interim financials, key statistics/ratios and historical ratio analysis.
Provider: Reuters Investment Profile
Provider: Wright Reports
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Grupo Mexicano de Desarrollo SAB Announces Tender Offer To Acquire 42.26% Stake In GMD Resorts SAB
Grupo Mexicano de Desarrollo SAB (GMD) announced a tender offer to acquire up to 59,144,822 shares of GMD Resorts SAB (GMDR), representing a 42.26249159% stake, which together with 80,801,546 shares that GMD agreed to acquire from the shareholders of GMDR under the previous Agreements of Sale, simultaneously and on the same terms and conditions as presented in the tender offer, will represent 100% of GMDR’s shares. As consideration for the acquisition of the shares representing the capital stock of GMDR, GMDR shareholders will receive, by simultaneous and reciprocal subscription, up to 66,959,985 ordinary shares representing the capital stock of GMD.
Latest Developments for GMD Resorts SAB
- Grupo Mexicano de Desarrollo SAB reaches 99.02 pct stake in GMD Resorts SAB
- Grupo Mexicano de Desarrollo SAB gives details on tender offer to acquire 42.26 pct stake in GMD Resorts SAB
- GMD Resorts SAB Sells Stake In Desarrollo Nautico Integral SA de CV For MEX 30 Million
- GMD Resorts SAB And Its Subsidiary Sell Their Total Stake In Inmobiliaria Acuarama SA de CV
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