Mexican Airport Operator OMA (OMAB) in Advanced Talks to Be Acquired - Source
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Grupo Aeroportuario del Centro Norte, S.A.B. de C.V., or OMA, (NASDAQ: OMAB) in in advanced talks to be acquired by Servicios de Tecnología Aeroportuaria, according to a source. The price being discussed would value the U.S.-traded ADSs at approximately $54 per ADS, it was added.
Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. operates 13 international airports in nine states of central and northern Mexico.
Servicios de Tecnología Aeroportuaria S.A. de C.V. (SETA) is a strategic partner of OMA and a current shareholder.
After seeing the ADSs crash below $30 at the start of the coronavirus pandemic in March of 2020, shares have recovered a large chunk of those losses. A $54 per ADS price would value the company near the pre-pandemic high of $60.53 reached in January of last year.
OMA has not responded to a request to comment.
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