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AMLO Prepares to Take Over Vulcan Property in Mexico's Mayan Riviera [Financial Post (Toronto, Ontario, Canada)]

Vulcan Materials Company (Holding Company) (VMC) 
Last vulcan materials company (holding company) earnings: 2/18 07:30 am Check Earnings Report
US:NYSE Investor Relations: vulcanmaterials.com/about-vulcan
Company Research Source: Financial Post
of negotiations failed to produce a deal to buy the property, according to people familiar with the plans. Author of the article: (Bloomberg) — The Mexican government is preparing to take control of a quarry and port owned by Vulcan Materials Co. on the nation's Caribbean coast after years of negotiations failed to produce a deal to buy the property, according to people familiar with the plans. President Andrés Manuel López Obrador's administration is planning to declare the land south of the resort city of Playa del Carmen a natural protected area, according to the people, who requested anonymity because they were not permitted to speak publicly. That would prevent the US construction firm from extracting limestone at the site it has owned for decades. Article content Article content The timing of an announcement from the government is unclear, but it plans to move ahead barring an unexpected breakthrough or concession from the Alabama-based company during stalled negotia Show less Read more
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