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Genomma Lab Internacional SAB de CV (LABB.MX)

LABB.MX on Mexico Stock Exchange

23.01MXN
3:59pm EDT
Change (% chg)

$-0.04 (-0.17%)
Prev Close
$23.05
Open
$23.28
Day's High
$23.59
Day's Low
$22.60
Volume
2,985,459
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2,469,686
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$25.47
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Latest Key Developments (Source: Significant Developments)

Genomma Lab Internacional appoints new executive vice president and CFO
Wednesday, 2 Dec 2015 03:11pm EST 

Genomma Lab Internacional SAB de CV:Appoints Antonio Zamora Galland as new executive vice president and CFO of the company.Zamora Galland replaces Oscar Villalobos Torres, who resigned from the post.  Full Article

HR Ratings affirms rating for Genomma Lab Internacional SAB de CV
Tuesday, 14 Jul 2015 11:56am EDT 

Genomma Lab Internacional SAB de CV:HR Ratings affirms long term rating for Genomma Lab Internacional SAB de CV at HR AA.Assigns stable outlook, changes from previous negative outlook.  Full Article

Genomma Lab Internacional SAB de CV sells Grupo Marzam for 2.93 bln pesos
Monday, 22 Jun 2015 08:34am EDT 

Genomma Lab Internacional SAB de CV:Signs final agreement to sell Grupo Comercial e Industrial Marzam SAPI de CV (Grupo Marzam) to Moench Cooperatief UA from Netherlands.Valuation of Grupo Marzam is at 2,925 million pesos with capital of 2,700 million pesos which represents a premium of 45 pct compared to total original investment from Genomma Lab.Genomma Lab to initially sale 50 pct stake and receive 1,050 million pesos and additional 300 million pesos on the first anniversary of the transaction.Moench Cooperatief to receive a buy option to increase stake in Grupo Marzam up to 90 pct for seven years, while Genomia Lab will maintain an option to sell at a predefined price.  Full Article

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