Mabe Completes Atlas Acquisition
A Mexican company has completed its purchase of Costa Rican appliance manufacturer Atlas Eléctrica.
Mabe acquired 99.13% of Atlas’ common stock and 96.83% of its preferred stock for a total of close to $72 million.
The acquisition, which was proposed in October and approved by Atlas’ shareholders that same month, will become effective once the Superintendence of Securities (SUGEVAL) approves it.
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