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MAp subsidiary divests 16% stake in ASUR; Mexico’s largest carrier files for bankrupty protection

Analysis

Shares in Grupo Aeroportuario del Sureste (ASUR) were 1.5% weaker yesterday, as the company stated JMEX BV plans to sell its approximately 16% stake in the company through a secondary share offering in Mexico and internationally. The share equates to approximately 43.6 million B shares. All proceeds from the sale will go to JMEX, an investment vehicle controlled by MAp Airports International Ltd. Shares in MAp, meanwhile, increased 2.3%.

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