Investing
Shares of Grupo Mexico Transportes fall after Mexico takes over part of railway
© Reuters. FILE PHOTO: The logo of mining and infrastructure firm Grupo Mexico is pictured at its headquarters in Mexico City, Mexico, August 8, 2017. REUTERS/Ginnette Riquelme
MEXICO CITY (Reuters) – Shares of Grupo Mexico Transportes, a unit of mining and infrastructure company Grupo Mexico, were down more than 3.5% on Monday, after the Mexican Navy on Friday took over part of a railway it operates.
The Mexican transport company had said on Sunday that negotiations with authorities about the railway concession in Veracruz state will continue.
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