Puerto Vallarta and Mexico News

Puerto Vallarta and Mexico News

Carlos Slim Becomes Main Shareholder in Fomento de Construcciones y Contratas

Mexican billionaire Carlos Slim will become the main investor in Spanish builder, Fomento de Construcciones y Contratas (FCC), after he reached a deal with the firm's owner Esther Koplowitz to take on all of her rights to acquire shares in a capital hike aimed at paying down debt.

Koplowitz is Vice-President of the Board of Fomento de Construcciones y Contratas (FCC), one of the leading diversified Spanish groups, employing around ninety thousand people. She also holds board positions in several national and international companies, for instance Vice-President of the board of Cementos Portland Valderrivas and formerly board . . .

Read Full Story

Related Posts

Federal agent guarding US consulate killed in Mexico

Federal agent guarding US consulate killed in Mexico

A federal protection officer assigned to US consulate security was killed in Matamoros after armed...
ensenada airport

Mexican Airlines May Cut Routes as Fuel Costs Rise

Rising jet fuel costs are putting pressure on Mexican airlines, with travelers facing higher fares,...
Guardia Nacional corporal killed at San Miguel de Allende base

Guardia Nacional corporal killed at San Miguel de Allende base

A Guardia Nacional corporal was killed inside a San Miguel de Allende base, with prosecutors...
“Rainbow flight” from Paris lands in Mexico to highlight LGBT anti-discrimination efforts

“Rainbow flight” from Paris lands in Mexico to highlight LGBT anti-discrimination efforts

A rainbow-themed flight from Paris landed in Mexico City as French and Mexican leaders pushed...