Some 20.19% of Aeroméxico, previously owned by an affiliate of Banco Nacional de Mexico (Banamex) has been acquired by a group of Mexican investors led by Eduardo Tricio and Valentín Díez-Morodo. The group is comprised of Aeroméxico’s shareholders who had participated in the 2007 initial purchase of the airline and that have since remained invested in the company.
“Tricio, together with members of his immediate family, may be deemed to have significant influence (under Mexican law) in AEROMÉXICO as a result of shareholders’ arrangements that, in certain circumstances, allow him to direct the vote of more than 20% of our outstanding shares,” Aeroméxico said in a statement. “Some of our shareholders, that are also members of our board, have executed arrangements related to rights of first refusal, management and similar maters as provided under the Mexican Securities Market Act.”
Banamex retains a 17.91% stake in the company.