Regulatory Alerts2023-02-07 | DOF 5678810Added · Updated
Official Letter Authorizing the Merger of STM Financial, S.A. de C.V., SOFOM, E.R., and BPF Finance México, S.A. de C.V., SOFOM, E.N.R.
The Ministry of Finance and Public Credit authorizes the merger of STM Financial, S.A. de C.V., SOFOM, E.R., as the surviving entity, with BPF Finance México, S.A. de C.V., SOFOM, E.N.R., as the extinguished entity, subject to specific conditions and deadlines. The authorization requires the submission of certified copies of public deeds and merger agreements within forty business days, registration with the Public Commerce Registry within twenty business days, and publication in the Official Journal of the Federation. Additionally, Grupo Financiero Inbursa, S.A.B. de C.V. must submit modified statutes and responsibility agreements reflecting the name change of FC Financial to STM Financial within twenty business days of formalization.
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