Axtel Sab De Cv Cert.part.ord. Repr.7 Shs BBMV: AXTEL/CPO

GEOPOLITICS | Axtel Board Gives Preliminary Backing to Second Bidder

· Issued by Axtel Sab De Cv Cert.part.ord. Repr.7 Shs B

Mexico’s Axtel board gave preliminary approval for an offer from a second bidder, according to Bloomberg. Competition to acquire the Mexican telecommunications provider is poised to intensify.