DGAP-News: ICA Confirms Its Strategic Objectives n the Housing Sector
(firmenpresse) - Empresas ICA, S.A.B. de C.V.
31.05.2013 18:29
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MEXICO CITY, 2013-05-31 18:29 CEST (GLOBE NEWSWIRE) --
Empresas ICA, S.A.B. de C.V. (BMV:ICA) (NYSE:ICA), the largest infrastructure
and construction company in Mexico, announced today that the Company had not
reached an agreement on the previously-announced transaction with Servicios
Corporativos Javer S.A.P.I. de C.V.
In this context, ICA confirmed its strategic focus in the construction and
infrastructure development sectors. The Company will continue developing its
current housing development projects, but does not expect to make any
additional investments in the sector. The Company will also seek near-term
opportunities to carry out transactions involving these assets that generate
value.
Empresas ICA, S.A.B. de C.V. is Mexico's largest construction and
infrastructure operations company. Founded in 1947, ICA's principal lines of
business are civil and industrial construction and engineering; infrastructure
operations, including airports, toll roads, and water systems; and
homebuilding. For more information visit www.ica.com.mx/ir.
This press release may contain projections or other forward-looking statements
related to ICA that reflect ICA's current expectations or beliefs concerning
future events. Such forward-looking statements are subject to various risks and
uncertainties and may differ materially from actual results or events due to
important factors such as changes in general economic, business or political or
other conditions in Mexico, Latin America or elsewhere, changes in capital
markets in general that may affect policies or attitudes towards lending to
Mexico or Mexican companies, changes in tax and other laws affecting ICA's
businesses, increased costs, unanticipated increases in financing and other
costs or the inability to obtain additional debt or equity financing on
attractive terms and other factors set forth in ICA's most recent filing on
Form 20-F and in any filing or submission ICA has made with the SEC subsequent
to its most recent filing on Form 20-F. All forward-looking statements are
based on information available to ICA on the date hereof, and ICA assumes no
obligation to update such statements.
CONTACT: Iga Wolska
iga.wolska(at)ica.mx
Elena Garcia
elena.garcia(at)ica.mx
relacion.inversionistas(at)ica.mx
(5255) 5272 9991 ext.3696
Gabriel de la Concha, CIO
gabriel.delaconcha(at)ica.mx
Victor Bravo, CFO
victor.bravo(at)ica.mx
In the United States:
Daniel Wilson, Zemi Communications
(1212) 689 9560
dbmwilson(at)zemi.com
News Source: NASDAQ OMX
31.05.2013 Dissemination of a Corporate News, transmitted by DGAP -
a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
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Language: English
Company: Empresas ICA, S.A.B. de C.V.
United States
Phone:
Fax:
E-mail:
Internet:
ISIN: US2924482068
WKN:
End of Announcement DGAP News-Service
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Datum: 31.05.2013 - 18:29 Uhr
Sprache: Deutsch
News-ID 265294
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