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Empresas ICA, S.A.B. de C.V. : ICA Confirms Agreement Involving ViveICA

MEXICO CITY, Jan. 13, 2016 (GLOBE NEWSWIRE) -- Empresas ICA, S.AB. de C.V. (BMV:ICA) (NYSE:ICA), the largest infrastructure and construction company in Mexico, stated that it has agreed with an equity investor to engage in a series of future transactions related to certain of the low income real estate assets of its housing development subsidiary, ViveICA...
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MEXICO CITY, Jan. 13, 2016 (GLOBE NEWSWIRE) --  (BMV:ICA) (NYSE:ICA)  the largest infrastructure and construction company in Mexico, stated that it has agreed with an equity investor to engage in a series of future transactions related to certain of the low income real estate assets of its housing development subsidiary, ViveICA. ICA does not expect that the transactions, if completed, will result in cash generation for the parent company, but does expect them to provide additional working capital for the assets subject to the transactions.

ICA will inform the market when and if any material transactions are completed. 

For more information, please contact:

 

Elena Garcia             

elena.garcia@ica.mx

 

Gabriela Orozco

gabriela.orozco@ica.mx

 

relacion.inversionistas@ica.mx

+(5255) 5272 9991 x 3608   

 

Pablo Garcia

Chief Financial Officer

pablo.garcia@ica.mx

 

In the US:

Daniel Wilson, Zemi Communications

+(1212) 689 9560

dbmwilson@zemi.com


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The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: %s via Globenewswire



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