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Reuters
Reuters
Business

Grupo Mexico says negotiations with government more difficult after railway expropriation

Grupo Mexico Mexico Navy the Mexican Navy
FILE PHOTO: The logo of mining and infrastructure firm Grupo Mexico is pictured at its headquarters in Mexico City, Mexico, August 8, 2017. REUTERS/Ginnette Riquelme/File Photo

Grupo Mexico said on Sunday its negotiations with the government are facing difficulties after the Mexican Navy took over part of a railway in southern Mexico operated by a unit of the company last week.

Grupo Mexico Transportes said negotiations with authorities about the railway concession spanning from Coatzacoalcos to Medias Aguas in the eastern Veracruz state would continue.

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