Mexican fund manager Grupo Marhnos delists from stock exchange

The operation was valued at 530 million pesos ($29.2 million).

Marhnos is a manager of funds for the execution and operation of infrastructure and real estate projects that are aimed at improving the quality of life of the communities in the countries where it operates.

“We are extremely proud to have successfully advised Grupo Marhnos on this important matter,” said Alberto Balderas, lead partner at law firm Jáuregui y Del Valle, which advised Marhnos on the matter.

“The experience and market knowledge of our legal team were key to obtaining the necessary approvals from the National Banking Commission and the Mexican Stock Exchange and ensuring a successful process,” Balderas added.

Marhnos joins a growing list of Mexican companies that have delisted from the stock exchange in recent months, and which include Aeroméxico and retailer Grupo Sanborns.

Jáuregui y Del Valle is a law firm in Mexico with extensive experience in the areas of banking and finance, capital markets and corporate law. The firm is committed to providing high-quality legal services to its clients and has a proven track record of success advising on complex financial transactions.