Wednesday, July 4, 2007

Mexico's Lamosa plans share offer of up to $240 mln

(Reuters) - Lamosa announced on Monday it had agreed to buy
Porcelanite, a unit of Mexican conglomerate Carso
, which is controlled by billionaire tycoon Carlos
Slim, for $800 million.




"The offer could happen between the last quarter of this
year and the final quarter of 2008," Lamosa chief financial
officer Tomas Garza told Reuters on Wednesday. He said the
offer would be between $160 million and $240 million.


Read more at Reuters.com Mergers News

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