Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (BMV:GAP B) entered into an equity purchase agreement to acquire 25% stake in Cross Border Xpress, L.L.C. from EGI-Otay Investors, LLC and EGI-RE Fund I, LLC for approximately $490 million.
Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (BMV:GAP B) entered into an equity purchase agreement to acquire 25% stake in Cross Border Xpress, L.L.C. from EGI-Otay Investors, LLC and EGI-RE Fund I, LLC for approximately $490 million on November 13, 2025.
Morgan Stanley & Co. LLC acted as fairness opinion provider for Grupo Aeroportuario del Pacífico, S.A.B. de C.V.
Grupo Aeroportuario del Pacifico, S.A.B. de C.V. is a holding company. The Company holds concessions to operate, maintain and develop approximately 10 international airports in the Pacific and Central regions of Mexico, and an international airport in Jamaica. The Company's segments include Guadalajara, Tijuana, Puerto Vallarta, San Jose del Cabo, Montego Bay, Hermosillo, Bajio, Other Airports and Others Companies. The Other Companies segment includes Servicios a la Infraestructura Aeroportuaria del Pacifico, S.A. de C.V. (SIAP), a company that provides technical assistance and professional services; Corporativo de Servicios Aeroportuarios, S.A. de C.V. (CORSA), a company that provides operative services specialized in aeronautical industry; Puerta Cero Parking, S.A. de C.V. (PCP), a company that manages the parking lot operation; Fundacion Grupo Aeroportuario del Pacifico, A.C., and Desarrollo de Concesiones Aeroportuarias, S.L. (DCA), as well as the Company's own operation.
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Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (BMV: GAP B) entered into an equity purchase agreement to acquire 25% stake in Cross Border Xpress, L.L.C. from EGI-Otay Investors, LLC and EGI-RE Fund I, LLC for approximately $490 million.
