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Grupo TMM, S.A.(COMPANY NEWS)(Brief Article)
Grupo TMM, S.A. has announced the closed sale of its interest in Grupo TFM to Kansas City Southern. The sale is worth about US$600 million to TMM and also includes US$200 million in cash, US$47 million in a 5-percent promissory note which will be paid to TMM in June 2007. TMM is a Latin American multimodal transportation company. compiled by Cindy Janovitz
COPYRIGHT 2005 American Chamber of Commerce of
Mexico A.C. Reproduced with permission of the copyright holder. Further reproduction or distribution is prohibited without permission.
Copyright 2005, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company. NOTE: All illustrations and photos have been removed from this article. |
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