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Axtel Gets Second Takeover Offer - LatinFinance

Summary by latinfinance.com
US fiber operator Flō Networks seeks to acquire up to 100% of the Mexican firm, days after Axtel’s co-founder made a rival bid The post Axtel gets second takeover offer appeared first on LatinFinance.

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The competition to acquire Axtel is about to intensify after its board of directors granted preliminary approval.

·Mexico
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Axtel, a Mexican telecommunications company, has another interested in making a Public Procurement Offer (OPA), now from Flō Networks, an American digital infrastructure company.

·Mexico City, Mexico
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The intention of offer also extends to Axtel Controladora, the company that emerged after the split of Axtel from the then industrial conglomerate Alfa. The publication Two potential buyers of Axtel: Transtelco prepares OPA to compete against Milmo Santos first appeared in EL CEO.

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Bloomberg broke the news in New York, United States on Tuesday, September 1, 2026.
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