Overview

• The offer targets up to 390.9 million shares, equal to about 8.95% of GMXT's capital, at 35.99 pesos per share for a maximum outlay of roughly 14,068 million pesos.
• The subscription window runs from September 23 to October 20, with Santander and GBM serving as intermediaries.
• GMXT’s board must issue its formal opinion on the offer by October 6 as required by Mexico’s securities law.
• Settlement for accepted tenders will occur three business days after the offer closes, and a six‑month payment trust will allow holdouts to sell at the same price before delisting.
• Grupo México owns 72.65% and Grupo Carso 15.24% of GMXT, with Carso not participating, and the stock rose about 7–8% on the announcement.