Court ruling allows Grupo Mexico to regain control of copper mining company AsarcoA Texas judge has issued final approval of Grupo Mexico SAB's plan to regain control of copper miner Asarco LLC, ending a lengthy takeover battle with rival suitor Sterlite Industries.The Mexico City-based conglomerate said Sunday that U.S. District Court Judge Andrew Hanen in Brownsville, Texas on Friday confirmed Grupo...
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Texas judge has issued final approval of Grupo Mexico SAB's plan to regain control of copper miner Asarco LLC, ending a lengthy takeover battle with rival suitor Sterlite Industries.The Mexico City-based conglomerate said Sunday that U.S. District Court Judge Andrew Hanen in Brownsville, Texas on Friday confirmed Grupo Mexico's plan to pay $2.2 billion to Asarco's creditors. The deal was previously...
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visitMEXICO CITY -- Mexico's economy, battered by the financial crisis, expanded for the first time in a year during the third quarter, growing 2.93% from the second quarter, official data showed Friday.The expansion followed three consecutive quarters of contraction. In Mexico, the slump put more than a million people out of work at a time when drug-related violence has soared amid a crackdown on...
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(AP) PROVO, Utah — A New Mexico soccer player has become an Internet celebrity for the wrong reasons.Junior defender Elizabeth Lambert was suspended Friday for her infractions the day before during a 1-0 loss to BYU in a Mountain West Conference semifinal. Lambert is seen in video from the game throwing elbows, colliding with several players and then yanking the ponytail of a BYU player who went crashing...
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Nevada grabs records, beats New Mexico State 63-20 < ');" class="size11 blue"> RateNevada rushed for 575 yards — and shattered some NCAA record in the process — as the Wolf Pack beat New Mexico State 63-20 Saturday night.Luke Lippincott had 162 yards on 19 carries, putting him at 1,028 yards for the season. He joined quarterback Colin Kaepernick and running back Vaia Taua as 1,000-yard rushers on the...
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WASHINGTON — Moises Naim, the editor of Foreign Policy magazine, recently wrote that what is said about Brazil today — that the country's potential has finally been unlocked — was said of Mexico in the 1990s, a nation that now finds itself in the economic doldrums. Naim had also brought this up at a panel we shared at the U.S. Chamber of Commerce. I agree that the issue bears much discussion: Mexico's...
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US judge says Grupo proposal ‘is both feasible and confirmable’.Grupo Mexico SAB can regain control of its bankrupt US copper miner, a judge in Texas ruled, rejecting a competing offer from Sterlite Industries (India) Ltd.US District Judge Andrew Hanen in Brownsville, Texas, ruled that Grupo Mexico’s proposal to pay about $2.5 billion to Asarco LLC's creditors “is both feasible and confirmable”.The...
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