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Axtel Gets Second Takeover Offer - LatinFinance

Summary by latinfinance.com
US fiber operator Flō Networks seeks to acquire up to 100% of the Mexican firm, days after Axtel’s co-founder made a rival bid The post Axtel gets second takeover offer appeared first on LatinFinance.

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The competition to acquire Axtel is about to intensify after its board of directors granted preliminary approval.

·Mexico
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The telecommunications company Axtel is at the center of a dispute between two groups interested in acquiring up to the totality of their shares. The most recent movement came from Flō Networks, an independent provider of digital infrastructure that operates its own fiber optic network in Mexico, the southwest of [...] La entrada Who will buy Axtel? New offer intensifies the battle in Mexico aparece primero en Leader Empresarial.

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Flo Networks seeks to launch simultaneous Procurement Public Offers for up to 100% of the shares of Axtel and Axtel Controller.

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Bloomberg broke the news in New York, United States on Tuesday, September 1, 2026.
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