Mexican tanker owner Grupo TMM will pocket $51.4m after settling a dispute with US railway company Kansas City Southern (KCS).
KCS will pay the money to TMM in connection with the arbitration procedure over a scrapped railroad sale.
The US company in addition plans to retire two escrows valued at about $86.6m. The payout will terminate $91.7m worth of escrow notes on TMM's books.
KCS
