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Mexico's construction leader in dice straits

Thursday, December 3, 2015


 

The markets have turned their backs on ICA, Mexico’s leading construction company. Some experts fear that it could be heading for the first major corporate collapse for the first time in 20 years.

ICA faces a liquidity crisis as short-term commitments pile up, as its troubles reflecta in a 40% slump in the company’s shares.

Full story in Spanish