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APM Terminals, Empresas ICA Sign Deal for Mexican Terminal

By Gustav Sandstrom Mexican industrial company Empresas ICA, S.A.B. de C.V. (ICA) said Wednesday its consortium with container terminal operator APM Terminals has agreed to construct and operate a container terminal in the Lazaro Cardenas port on Mexico's Pacific coast. The assignment was awarded through an international bidding process by the Administracion Portuaria Integral de Lazaro Cardenas to the consortium, which is 5% controlled by ICA and 95% by APM Terminals, which is owned by Danish conglomerate A.P. Moller-Maersk A/S (MAERSK.KO), the Mexican company said. The consortium expects to invest about $900 million in the project, ICA said. The first phase, which will require investments of about $300 million, is expected to be completed in 2015, it added. Write to Gustav Sandstrom at gustav.sandstrom@dowjones.com Subscribe to WSJ: http://online.wsj.com?mod=djnwires

Stock News for Empresas Ica Soc Con (ICA)
DateTimeHeadline
04/24/201517:21:54Report of Foreign Issuer (6-k)
04/24/201516:46:05ICA Annual Shareholders' Meeting Elects a New Board Member
04/24/201516:35:00ICA Annual Shareholders' Meeting Elects a New Board Member
04/24/201515:49:18Report of Foreign Issuer (6-k)
04/15/201514:39:27Report of Foreign Issuer (6-k)
04/13/201511:24:20Report of Foreign Issuer (6-k)
04/13/201507:40:18ICA and CDPQ Come to an Agreement to Create an Operational Platform...
04/13/201507:40:00ICA and CDPQ Come to an Agreement to Create an Operational Platform...
04/13/201507:40:00ICA and CDPQ Come to an Agreement to Create an Operational Platform...
04/08/201511:16:40Report of Foreign Issuer (6-k)
03/18/201513:50:29Report of Foreign Issuer (6-k)
03/18/201509:06:15Empresas ICA, S.A.B. de C.V. : ICA Announces Organizational and...
03/18/201508:46:22ICA Announces Organizational and Management Changes
03/05/201512:14:13Amended Report of Foreign Issuer (6-k/a)
03/05/201512:12:10Report of Foreign Issuer (6-k)
03/04/201518:28:14ICA Revises 2014 Weighted Average Interest Rate
03/04/201518:09:56ICA Revises 2014 Weighted Average Interest Rate
03/02/201521:50:46Empresas ICA reports Q4 results
02/27/201518:17:37Report of Foreign Issuer (6-k)
02/27/201509:25:00Empresas ICA Announces Unaudited Fourth Quarter and Full Year...

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