Suscríbete

Shares in Mexico's ICA plunge on default, restructure news

The stock fell over 25 percent to 3.9 pesos per share.

English 18/12/2015 20:08 Actualizada 20:09

Shares of embattled ICA plunged in early trading on Friday after the Mexican construction firm announced it was working on a restructuring plan and launched a major corporate reshuffle.

The stock fell over 25 percent to 3.9 pesos per share after also confirming it would default on a US$31 million bond payment that was due on Nov. 30

Comentarios