Puerto Vallarta and Mexico News

Puerto Vallarta and Mexico News

Mexico’s Alfa to Issue More Shares for Energy Investment

Shareholders will vote on the proposal at a special meeting on Nov. 4, the company said. It did not specify the size of the capital raise.

Alfa's shares fell 4.25 percent to 39.4 pesos in early trading on Monday.

Earlier this year, Mexico finalized an energy reform that ends the decades-old monopolies of state-owned oil company Pemex and national power company CFE, aiming to lure billions of dollars in investment.

Alfa, which manufactures car parts and refrigerated foods as well as petrochemicals, is one of a handful of Mexican companies set to benefit directly from . . .

Read Full Story

Related Posts

Woman Found Dead Near Mismaloya on Highway 200 South

Two Unidentified Women Remain in Puerto Vallarta Cases

Two women found dead in separate Puerto Vallarta cases remain unidentified, according to the latest...
Mexico Peace Index Rises While Violence Risks Remain

Mexico Peace Index Rises While Violence Risks Remain

Mexico’s 2026 Peace Index improved 5.1%, but the report warns that family violence, regional gaps,...
Canadian Hells Angels suspect arrested in Cancún police operation

Why Foreign Fugitives Surface in Mexican Resort Cities

Mexican resort cities can attract foreign fugitives because they combine international airports, short-term rentals, cash-heavy...
Puerto Vallarta $100 Voucher Targets California Travelers

Puerto Vallarta $100 Voucher Targets California Travelers

Some Southern California travelers heading to Puerto Vallarta through CBX may qualify for a $100...