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

Two cruise ships signal Puerto Vallarta recovery

Royal Princess and Norwegian Bliss brought thousands to Puerto Vallarta, offering a visible sign that...
Jalisco tightens beach safety in Puerto Vallarta for Easter

Jalisco tightens beach safety in Puerto Vallarta for Easter

Jalisco is reinforcing lifeguards, warning flags and swim zones in Puerto Vallarta as Semana Santa...
Puerto Vallarta bridge rebuild races the rainy season

Puerto Vallarta bridge rebuild races the rainy season

Jalisco says work on Puerto Vallarta’s La Desembocada bridge is advancing, with foundation and beam...
Puerto-Vallarta-Malecon

Puerto Vallarta Tourism Holds After February Shock

Puerto Vallarta posted strong early 2026 tourism numbers, but the harder task now is restoring...