Friday, March 30, 2007

UPDATE 1-Chmn of Mexico's Asur proposes buying control stake

(Reuters) - Asur Chairman Fernando Chico Pardo would tentatively be willing to pay 56 pesos per share, Asur said, compared to Thursday's close of 49.79 pesos.

The company's stock jumped 8.86 percent to 54.20 pesos in early dealing in Mexico and its New York-traded shares soared 9.03 percent to $49.11.


Read more at Reuters.com Mergers News

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