SPIN-OFF: Alfa’s shareholders approve spin-off of Nemak
Alfa will transfer all of its Nemak shares to a new, listed entity, Controladora Nemak
Nemak, S.A.B. de C.V. has announced that shareholders of its parent company Alfa S.A.B. de C.V. have approved a proposal to spin off its entire ownership stake in Nemak, S.A.B. de C.V., according to a company press release on 17 August.