Nov 4 (Reuters) - Aena SME SA AENA.MC:
BOARD OF GRUPO AEROPORTUARIO DEL PACÍFICO (GAP) GAPB.MX PROPOSES COMBINATION OF PROVISION OF TECHNICAL ASSISTANCE AND TECHNOLOGY TRANSFER SERVICES OUTSOURCED TO AEROPUERTOS MEXICANOS DEL PACÍFICO (AMP) AND CROSS BORDER XPRESS CONNECTING SAN DIEGO AIRPORT TO TIJUANA INTERNATIONAL AIRPORT
BUSINESS COMBINATION WOULD BE IMPLEMENTED THROUGH GAP'S MERGER BY ABSORPTION OF VARIOUS ENTITIES, INCLUDING AMP
BOARD OF DIRECTORS EXPECTS TO ISSUE AND PUT INTO CIRCULATION ABOUT 90 MILLION NET NEW SHARES REPRESENTING CAPITAL OF GAP
AENA DESARROLLO INTERNACIONAL, A STATE-OWNED COMMERCIAL SUBSIDIARY OF AENA, HOLDS A 33.333% STAKE IN MEXICAN COMPANY AMP WHICH, IN TURN, HOLDS APPROXIMATELY 19.28% OF CAPITAL OF GAP
Source text: nCNM7wSWjN
Further company coverage: AENA.MC
(Gdansk Newsroom)
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