Monterrey, N.L., Mexico. October 9, 2024.- Alpek, S.A.B. de C.V. (“Alpek”) informs that ALFA, S.A.B. de C.V. (“ALFA”), Alpek’s majority shareholder, announced today that it will hold an Extraordinary Shareholders’ Meeting on October 24, 2024, to present a proposal for the spin-off of its entire ownership stake in Alpek to ALFA shareholders.
Subject to the corresponding approvals, ALFA expects to execute the spin-off constituting a new entity as the spun-off company “Controladora Alpek”, which would be listed on the Mexican Stock Exchange. ALFA would transfer its entire share ownership in Alpek to Controladora Alpek, as well as certain assets and capital.
ALFA shareholders would receive one share of Controladora Alpek for each of their ALFA shares, in addition to retaining their share ownership in ALFA’s equity.
For more information, visit ALFA’s website.
Alpek informs that ALFA calls for an Extraordinary Shareholders' Meeting to present a spin-off proposal of its participation in Alpek
Monterrey, N.L., Mexico. October 9, 2024.- Alpek, S.A.B. de C.V. (“Alpek”) informs that ALFA, S.A.B. de C.V. (“ALFA”), Alpek’s majority shareholder, announced today that it will hold an Extraordinary Shareholders’ Meeting on October 24, 2024, to present a proposal for the spin-off of its entire ownership stake in Alpek to ALFA shareholders.
Subject to the corresponding approvals, ALFA expects to execute the spin-off constituting a new entity as the spun-off company “Controladora Alpek”, which would be listed on the Mexican Stock Exchange. ALFA would transfer its entire share ownership in Alpek to Controladora Alpek, as well as certain assets and capital.
ALFA shareholders would receive one share of Controladora Alpek for each of their ALFA shares, in addition to retaining their share ownership in ALFA’s equity.
For more information, visit ALFA’s website.
