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COX ABG Group SA ( (ES:COXG) ) has shared an update.
Cox ABG Group S.A. has announced a potential share exchange operation involving specific shareholders of Cox Energy, S.A.B. de C.V. The proposed operation, currently under study, involves a capital increase through the non-monetary contribution of Cox Energy shares, with an exchange ratio of one Cox ABG share for every five Cox Energy shares. The company emphasizes that there is no certainty the operation will proceed and it does not plan to extend the offer to all Cox Energy shareholders at this time.
More about COX ABG Group SA
YTD Price Performance: -9.80%
Average Trading Volume: 6,306
Find detailed analytics on COXG stock on TipRanks’ Stock Analysis page.