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Published on 12/29/2015 in the Prospect News Distressed Debt Daily.

Mexico’s Empresas ICA sells Proactiva interest for Ps 1.24 billion

By Caroline Salls

Pittsburgh, Dec. 29 – Empresas ICA, SAB de CV sold its 49% interest in Proactiva Medio Ambiente for up to Ps. 1.24 billion, according to a news release.

The company said the proceeds will be used to implement its cost reduction program and for operational purposes.

Empresas ICA is a construction company based in Mexico City.


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