Mining firm buys into Mexican airport operator

Mexican mining and infrastructure company Grupo Mexico has acquired a 10 percent stake in airport operator GAP, reported Reuters.

The company said in a statement to the Mexican stock exchange that the acquisition was just an investment.

"There is no intention of buying a significant portion in the company," the miner said. Grupo Mexico, however, will have the right to appoint an independent board member at a GAP meeting on July 22.
(Source:www.cargonewsasia.com)