'Gana' Auction of 1!... and No Deposit Paid
15 Articles
15 Articles
The company must prove the guarantee of 56,3 million to take the bankrupt steel company. This opens the door for the other bidders to submit new offers.
In a "survey" where only one bidder made an offer, but did not even deposit the "serious guarantee" set by the judge, a coahuilense businessman sang victory, assuring that he could pay $ 1.4 billion! for Altos Hornos de México (AHMSA) and its subsidiary Minera del Norte (MINOSA). Despite this, surprisingly, the judge in charge of the process gave him 10 working days so that he could "credit the transfer or the formal deposit of the guarantee fun…
The sale process of Altos Hornos de México (Ahmsa) and its subsidiary Minera del Norte (Minosa) could not take place yesterday, after two qualified bidders presented themselves to participate in the auction, but none credited the payment of the “serious guarantee” for 56.3 million dollars.
Altos Hornos de México would be acquired by CIESA after offering $1.4 billion; the sale could be formalized in five months.
CIESA, a group led by Arturo Domínguez Arteaga, offered $1.4 billion for AHMSA and stood as a finalist to acquire the Monclova steel company.
SPECTADOR // Luis Fernando Hernández González With great confidence in the auction process Governor Manolo Jiménez Salinas, pointed out that, with the beginning of this legal procedure on (AHMSA), the process is expected to reach a good port and, above all, that the president of the republic Claudia Sheinbaum ends with the rescue... Read more →
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