The filing provided few details about the IPO, but media reports have suggested the company could seek to raise between $750 million and $1 billion.
The company, known officially as Becle, said the stock sale would be handled by the local units of Morgan Stanley . . .
Expats in Mexico using recently US sanctioned banks report issues with withdraws and transfers US sanctioned banks in Mexico have blocked transfers and capped withdrawals, leaving customers in limbo as they scramble for workarounds. Puerto Vallarta, Mexico - In late June 2025, the U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) issued its first ever orders under the 2024 FEND Off Fentanyl Act (FOFA), formally declaring CIBanco…
New Volaris Morelia – Puerto Vallarta route boosts tourism Discover how the new Volaris Morelia Puerto Vallarta route will boost tourism, link two top destinations, and foster cultural and economic ties. The government of Mayor Alfonso Martínez Alcázar in Morelia, through the municipal Ministry of Tourism, officially inaugurated a new air connection between Morelia and Puerto Vallarta operated by Volaris. This direct link promises…
Missing SEAPAL transparency chief found dead near his home in Puerto Vallarta SEAPAL transparency chief found dead on private land south of Puerto Vallarta, family pre-identified the body by clothing and features as authorities probe the circumstances of his disappearance and death. José Luis Velázquez Rodríguez, head of Transparency for the Puerto Vallarta Drinking Water, Drainage and Sewerage System (SEAPAL), who vanished on June 30 around 3…
San Miguel de Allende Named Best City in the World Again for fourth consecutive year San Miguel de Allende secured its sixth overall and fourth straight title as the best city in the world for 2025, earning a 93.33% reader score in Travel and Leisure’s annual survey. San Miguel de Allende claimed top honors yet again, earning the title of best city in the world for 2025 from Travel and…
Puerto Vallarta flood alerts reach 935 families in high-risk areas During the 2025 rainy and hurricane season, Puerto Vallarta flood alerts have reached 935 families in high-risk areas near irrigation channels and hillsides, with authorities issuing safety recommendations. Puerto Vallarta residents saw a surge in flood and landslide warnings this rainy and hurricane season as authorities moved swiftly to protect vulnerable communities. The Civil Protection…
Government expects 256 million pesos from Baja California Sur tourist tax The Government of Baja California Sur aims to collect up to 256 million pesos in 2025 through the new “Embrace It” foreign visitor contribution, funding infrastructure and sustainability. The Government of Baja California Sur (BCS) plans to raise as much as 256 million pesos in 2025 by expanding a fee charged to international tourists under…
Caribbean sargassum predicts 400,000 tons this season impacting coastal ecosystems, reefs and tourism Discover the latest Caribbean sargassum forecast predicting 400,000 tons this season and its impact on coastal ecosystems, reefs and tourism. Mexican coastal communities brace for a historic surge of sargassum seaweed this hurricane season after UNAM researcher Brigitta I. van Tussenbroek warned that an estimated 400,000 tons of the algae will arrive on the Caribbean…
Jalisco is seizing real estate in Puerto Vallarta tied to organized crime Jalisco uses asset forfeiture to fight Puerto Vallarta money laundering by targeting properties linked to cartel funds and pursuing three major court cases. Jalisco authorities have launched a focused campaign to disrupt money laundering in Puerto Vallarta by seizing real estate tied to criminal networks. Using asset forfeiture as a legal tool, the state seeks…
Puerto Vallarta bridge construction reaches 60 percent completion with first beams installed First 30-meter prestressed beams for Puerto Vallarta bridge construction at the Las Juntas interchange bring the project to 60 percent, promising to cut traffic delays on Highways 544 and 200. The first four prestressed beams for the new vehicular bridge over the Las Juntas interchange in Puerto Vallarta have been set in place, marking a…
US thanks Mexico for sending rescue teams to assist in Texas flood The US government publicly thanked Mexico flood rescue teams for sending firefighters and civil protection specialists to assist search and rescue efforts in Kerrville, Texas, after deadly July 4 weekend floods. The United States government on July 8, 2025, formally thanked Mexico for its swift deployment of emergency personnel to aid search and rescue operations…
