MEXICO CITY (Reuters) – Mexican conglomerate Alfa said on Friday its spun-off autoparts company Controladora Nemak would start trading on the Mexican stock exchange from December 14 after financial authorities gave their approval for the listing.
Alfa shareholders would receive a single share in the new entity, Controladora Nemak, for every share they hold in Alfa, the company added in a statement.
(Reporting by Frank Jack Daniel; Writing by Drazen Jorgic)
