GMexico Transportes S.A. de C.V. (GMXT), the transportation business unit of Grupo Mexico, will acquire Florida East Coast Railway Holdings Corp. (FEC) in an all-cash transaction under an agreement announced today.
Subject to closing conditions and government approvals, the FEC acquisition will establish GMXT as an "important railroad owner" in the United States, according to a press release issued by both companies.
GMXT operates more than 6,200 miles of track covering...
Subject to closing conditions and government approvals, the FEC acquisition will establish GMXT as an "important railroad owner" in the United States, according to a press release issued by both companies.
GMXT operates more than 6,200 miles of track covering...
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