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

Puerto Vallarta Fiestas de Mayo Open With Free Rides

Puerto Vallarta Fiestas de Mayo Open With Free Rides

Puerto Vallarta’s Fiestas de Mayo 2026 begin May 15 with free entry, two hours of...
Woman Found Dead Near Mismaloya on Highway 200 South

Woman Found Dead Near Mismaloya on Highway 200 South

Police are investigating after an unidentified woman was found dead beside Federal Highway 200 south...
Puerto Vallarta electric bus rollout starts in May

Puerto Vallarta Electric Bus Launch Faces One Hurdle

Puerto Vallarta’s electric bus rollout is waiting on charging stations before seven new units can...
Los Cabos hurricane evacuations

Mexico Pacific hurricane season opens with El Niño risk

The 2026 Eastern Pacific hurricane season begins May 15 with forecasts calling for above-average activity...