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

vallarta pride 2026

Vallarta Pride Parade Day Opens With Health Push

Vallarta Pride’s May 21 program includes a health campaign, the main parade and a Block...
Mexica Skull Temple Under CDMX Still Being Studied

Mexica Skull Temple Under CDMX Still Being Studied

INAH archaeologist Raúl Barrera says the Huei Tzompantli was a Mexica ritual site tied to...
Mexico and EU Leaders Arrive for Major Trade Signing

Mexico and EU Leaders Arrive for Major Trade Signing

EU leaders arrived in Mexico before a planned May 22 signing of a modernized agreement...
55 Quintana Roo beaches now have excessive sargassum

55 Quintana Roo beaches now have excessive sargassum

Fifty-five monitored Quintana Roo beaches now show excessive sargassum as officials prepare stronger containment with...