Puerto Vallarta and Mexico News

Puerto Vallarta and Mexico News

Slim companies spend over $200 million on America Movil stock

Mexican billionaire Carlos Slim's bank and his holding company spent over $200 million between November and late February to buy nearly 350 million shares in Slim's America Movil, according to a U.S. regulatory filing released on Tuesday.

Inversora Carso, a Slim investment vehicle, bought 348.9 million L-type shares in Slim's telecoms giant America Movil between November and Feb. 26, spending $209.22 million, according to the document released by the U.S. Securities and Exchange Commission.

Grupo Financiero Inbursa, the financial arm of Slim's empire, bought 50,084 L-type shares for $35 . . .

Read Full Story

Related Posts

Mexican peso gains

Peso gains after U.S.-Iran ceasefire sends dollar lower

The peso strengthened early Wednesday after a U.S.-Iran ceasefire cut safe-haven demand for the dollar...
Mexico Police Killings Reach 101 as Jalisco Leads

Mexico Police Killings Reach 101 as Jalisco Leads

At least 101 public security officers have been killed in Mexico in 2026, with Jalisco...
Puerto Vallarta DJ Festival Draws Crowds to Malecón

Puerto Vallarta DJ Festival Draws Crowds to Malecón

Puerto Vallarta’s seventh DJ’s Day Festival mixed local talent, waterfront crowds, and prevention messaging on...
puerto vallarta morning news

Puerto Vallarta Morning Coffee News for April 8 2026

Puerto Vallarta starts Wednesday with heat, beach warnings, holiday crowds, and city updates that could...