April 5, 2016 / 9:12 PM / 2 years ago

Mexico's Alfa: No binding restructure proposal for Pacific yet

MEXICO CITY, April 5 (Reuters) - Mexican industrial conglomerate Alfa said on Tuesday it had not yet made a binding restructuring proposal for Colombia-based oil company Pacific Exploration & Production Corp, adding it would inform markets if it decides to do so.

Alfa’s filing to Mexico’s stock exchange comes after Bloomberg reported that Alfa had made a bid for Pacific Exploration & Production that would wipe out shareholders’ equity.

Asked if Alfa had made a bid for Pacific, a company spokesperson declined to comment on what they said was a “rumor.” (Reporting by Mexico City Newsroom; Editing by Sandra Maler)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below