MetAnalisis Reports Carso Spin-off Approval

A meeting of Grupo Carso shareholders Thursday approved the spin-off of the group’s mining and real estate businesses, according to a research report by MetAnalisis. Each Carso shareholder will receive proportional shares in each of the 3 businesses, which are to be listed on the bolsa, according to MetAnalisis. The transaction is expected to be completed by the end of the year. Representatives from Carso could not be reached for comment.