November 1, 2018 / 5:07 PM / 18 days ago

Mexico's Rassini announces tender offer, may delist

MEXICO CITY, Nov 1 (Reuters) - Mexican autoparts maker Rassini on Thursday announced there was a tender offer through Dec. 3 to buy all its shares ahead of a possible delisting from the Mexican stock exchange, the company said in a statement.

Rassini said it would offer up to $666 million for the stock. That comprised buying A shares at $2.08 per share and $4.16 for each Rassini CPO. The price per CPO jumped about 16 percent on Thursday. (Reporting by Michael O’Boyle)

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