Aleatica México will continue to be a publicly traded company once the Tender Offer is completed. If it acquires the necessary number of shares (95% full ownership), IFM GIF could seek the voluntary delisting of Aleatica México’s shares from the Mexican Stock Exchange (BMV).
“The transaction aims to increase the indirect ownership that IFM GIF has of Aleatica (currently 85.97%), which represents an additional investment in the Mexican infrastructure sector, demonstrating confidence in Aleatica and recognizing Mexico as an attractive place to invest” , the company said in the statement.
The OPA grants Aleatica’s shareholders the opportunity to analyze the details of the offer and determine if they wish to participate by selling their shares.
IFM GIF has invested in Mexico for more than eight years. As of December 31, 223, Aleatica, a company in its portfolio, has invested more than 83,000 million (5,000 million dollars) in transportation infrastructure in Mexico. If successful, the OPA will result in an additional investment by IFM GIF of up to 8,900 million pesos, equivalent to 528 million dollars.