Members of the National Guard stand guard in front of the site where an overpass for a metro partially collapsed with train cars on it, in Mexico City, Mexico May 19, 2021. REUTERS/ Henry Romero/FilesMEXICO CITY, Oct 20 (Reuters) - Mexican billionaire Carlos Slim's Grupo Carso said on Wednesday it had signed a formal agreement with Mexico City authorities to rebuild a stretch of metro rail that collapsed in May, killing 26 people. An independent auditor found that missing bolts and poor welding contributed to the crash, findings confirmed in a separate investigation by the Mexico City attorney general's office. Slim has said his construction firm, Grupo Carso (GCARSOA1.MX), which helped build the section that collapsed, will repair the line at no cost to the government. Mexico's Grupo ICA (ICA.MX) and France's Alstom (ALSO.PA) were a part of the consortium that built the full line.

Source: MetroXpress January 01, 1970 00:00 UTC