Bidding for AeroMexico intensified yesterday as both the Saba family and Banamex boosted their rival offers for the carrier and Mexicana urged stakeholders not to dismiss its bid despite a rejection by regulatory authorities on antitrust grounds. Father and son Alberto Saba Raffoul and Moises Saba Masri increased their bid to MXN1.89 billion ($174.7 million) while Banamex, the Mexican arm of Citigroup, said the group of investors it is leading have upped their bid to MXN1.85 billion. But ...

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