Grupo Mexico SAB, Mexico's largest mining company, recently disclosed it will try to take control of airport operator Grupo Aeroportuario del Pacifico SAB. Since this announcement, the operator's trading saw the most traction in the last 9 months.
According to Bloomberg, Grupo Mexico will offer as much as 50 pesos ($4.24) per share, valuing Aeroportuario del Pacifico at as much as $2 billion. The unsolicited bid values Aeroportuario del Pacifico at 5.7 percent more than its closing price yesterday of 47.31 pesos.
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