Metro 49% owner of Mexican operation

Metro International increased its share in the Mexican publisher of Publimetro from 35 to 49% this week.

Publimetro was launched in May 2006, the other shareholders then were MXShares (35%) and Immobilaria Torraco (30%).

MXShares was a new group, related to GBM, Grupo Bursatil Mexicano (securities brokerage); Immobilaria Torraco was a private company, managed by Antonio Torrado.

The Mexican Metro has a circulation 130,000 and a readership of 325,000.

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