Saba family raises AeroMexico bid to $158.8 million, topping Banamex offer

A full-fledged bidding war for AeroMexico is now underway as the Saba family yesterday boosted its offer by more than 58% to MEX1.74 billion ($158.8 million), topping the bid valued at more than $150 million made earlier this month by a group of investors represented by Banamex. Father and son...

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