Regulatory Alerts2022-09-09 | DOF 5664000Added
Official Letter Authorizing the Merger of Arrendadora y Factor Banorte, S.A. de C.V., SOFOM, E.R., Grupo Financiero Banorte, in its Capacity as Surviving Merging Company, with Ixe Fleet, S.A. de C.V., as Extinguished Merged Company
The merger of Arrendadora y Factor Banorte, S.A. de C.V., SOFOM, E.R., Grupo Financiero Banorte, as the surviving entity, with Ixe Fleet, S.A. de C.V., as the extinguished entity, is authorized by the Ministry of Finance and Public Credit subject to conditions including shareholder approval matching the submitted proposal and timely registration. Arrendadora y Factor Banorte must submit certified copies of the public deeds within 40 business days and register them with the Public Registry of Commerce within 20 business days following execution. The authorization takes effect upon registration in the Public Registry of Commerce, requiring publication in the Official Gazette of the Federation at the expense of Arrendadora y Factor Banorte and reporting to the National Commission for the Protection and Defense of Users of Financial Services via SIPRES.
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