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Mexico's Autlán takes control of energy company
January 17, 2014 - 20:47 GMT
Compañia Energía Mexicana
Mexican manganese and ferro-alloys producer Minera Autlán has taken control of local energy firm Compañía de Energía Mexicana (CEM).
The transaction allows Autlán to become one of the
lowest-cost producers in the industry, it said in a filing with
Mexico’s stock exchange late on Thursday January
16. It did not reveal the transaction value, however. CEM is a
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Euromoney Institutional Investor PLC.
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