Penoles plans to merge some of its subsidiaries

CNNExpansion - Industrias Penoles, one of the largest silver producers in the world, reported that it will revise its corporate structure beginning Dec. 21 with a process of merging some of its subsidiaries. All subsidiaries involved in the mergers are 100 percent owned by Penoles so there will be no significant impact on finances and operations.

www.cnnexpansion.com/negocios/2009/12/18/penoles-se-reestructura-por-fusiones