MEXICO CITY, July 9 (Reuters) - Mexican real estate
investment trust Fibra Macquarie received the backing of its
shareholders for its takeover bid of competitor Terrafina, Fibra
Macquarie said in a filing to Mexico's stock exchange on Monday.
Fibra Macquarie said its tie-up with Terrafina, another
real estate investment fund, would be carried out through one or
two tender offers.
At a meeting with 75% of shareholders represented, a
majority approved the acquisition of 100% of Terrafina's real
estate investment trust (REIT) certificates and also approved
the issuance of up to 1.2 billion of its own certificates.