Article: CFC investigates possible Ferrosur-Ferromex `merger`.

Article: The Antitrust Commission has upheld a ruling that Grupo ...
International Railway Journal;  December 1, 2006 ;     700+ words ...The Antitrust Commission has upheld a ruling that Grupo Mexico's proposal to merge its two railway subsidiaries Ferromex and Ferrosur would be anticompetitive. Grupo Mexico's plans would have created the country's largest railway.

Article: Mexican merger fever: mirroring activities in the U.S. and ...
Railway Age;  June 1, 2002 ;     700+ words ... ... reason behind the Ferromex/FerroSur merger attempt is keeping Grupo Mexico solvent. Grupo Mexico ... Revenues from a combined Ferromex/FerroSur would help Grupo Mexico pay down debt and ... sale of additional Ferromex shares to UP, which ...

Article: Mexico's antitrust agency rejects 2005 rail merger between ...
AP Worldstream;  June 23, 2006 ;     428 words ... ... merger of railway Ferromex, owned by copper giant Grupo Mexico, and railway Ferrosur ... Mexican Gulf coast. Grupo Mexico argues that industry leader Ferromex needs to merge ... joined Ferrosur and Ferromex under Grupo Mexico's infrastructure ...

Article: Ferromex pays off US$200mn loan.
Internet Securities;  March 27, 2004 ;     486 words ... ... Mexican railroad operator Ferrocarril Mexicano (Ferromex), subsidiary of Grupo Mexico, recently paid off the US$110 million it owed ... company received in March 2003.

Ferromex carried out the first anticipated payment for ...

Article: Ferrosur will be folded into Ferromex.(Brief Article)
Railway Age;  January 1, 2006 ;     673 words ... ... Ferrocarril Mexicano (Ferromex). Grupo Mexico, majority owner of Ferromex, said that a subsidiary ... Acquisition of Ferrosur gives Ferromex direct access to Veracruz ... is also served by TFM. Grupo Mexico says the acquisition will ...

Article: Mexico: Ferromex declines partnership in suburban train.
South American Business Information;  November 22, 2004 ;     619 words ... ... 2004 (El Financiero/SABI via COMTEX) Grupo Mexico, the controller of the railway Ferromex (Ferrocarril Mexicano) has pulled out from ... clear, giving way for future discrepancies. Grupo Mexico is still considering other options as associate ...

Article: Ferromex net profits rise 83%.
Internet Securities;  November 8, 2004 ;     563 words ... ... net profits of rail company Ferromex rose to US$21.3 million ... to the financial report of Grupo Mexico, which controls Ferromex, the company's operating ... industry.

Ferromex's net debt of US$441 ...