A PYMNTS Company

Mexico: COFECE approves Minera Autlán-Metallorum Merger

By  |  June 12, 2018

Mexico’s Autlán mining company has received authorization from the Federal Commission for Economic Competition (Cofece) to acquire Metallorum Holding, a Mexican developer and handler of precious metals in Mexico and North America with more than 50 active mining concessions.

Mexico’s competition regulator determined that there were no signs of monopolistic practices or other anti-competitive conducts that might damage or impede free economic competition as a result of the merger.

“With this approval, the purchase contracts are closed and the merger is now being refined,” Autlán reported.

Full Content: Expansion

Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.