Regulatory Alerts2018-08-16 | DOF 5535022Added
Office Order Authorizing the Merger of Banco Mercantil del Norte, S.A. with Banco Interacciones, S.A.
The Ministry of Finance and Public Credit authorizes the merger of Banco Mercantil del Norte, S.A. as the surviving entity and Banco Interacciones, S.A. as the extinguished entity, effective upon registration in the Public Commerce Registry. The surviving bank assumes all assets and liabilities of the merged bank without limitation, and the merged bank's license to operate as a multiple banking institution is automatically terminated by law. The authorization is subject to the condition that public deeds recording the merger be filed with the Public Commerce Registry within twenty business days of notification, and the merger details must be published in the Official Journal of the Federation.
More like this from SHCP
SHCP published 14 documents in the last 30 days. We email you each new one the day it's published.