MergerMay 7, 2026, 08:37 AM
Pacific Airport Group Completes CBX Business Combination, Acquires Remaining 25%
AI Summary
Pacific Airport Group announced the completion of the business combination process for Cross Border Xpress (CBX) and technical assistance services, formalizing the merger agreement signed on April 30. The company also acquired the remaining 25% stake in the CBX business, achieving 100% consolidation. Consequently, Pacific Airport Group issued 89,740,731 new net shares, bringing the total outstanding shares to 595,018,195, and commenced the financial consolidation of these businesses in May.
Key Highlights
- Completed the business combination process of Cross Border Xpress (CBX) and technical assistance services.
- Acquired the remaining 25% of the CBX business, consolidating 100% ownership.
- Issued 89,740,731 new net shares as a result of the merger.
- Total outstanding shares now amount to 595,018,195.
- Began financial consolidation of the merged businesses in May.