Puerto Vallarta News

Puerto Vallarta 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

peso today

Mexican peso holds steady as inflation ticks higher

The peso closed near 17.48 per dollar, steady under 17.50, as hotter Mexico inflation and...
Cabo San Lucas water

Puerto Vallarta water outage will hit 40 neighborhoods Friday

CFE maintenance will cut power, limiting water in 40 Puerto Vallarta neighborhoods from 1 p.m....
Playa del Carmen pivots to conscious sustainable tourism

Playa del Carmen pivots to conscious sustainable tourism

Tourism chief Estefanía Hernández says Playa del Carmen is pivoting to sustainability, inclusion and local...
San Miguel de Allende marks Ignacio Allende birthday

San Miguel de Allende marks Ignacio Allende birthday

A civic-military ceremony, procession to Casa de Allende, and downtown parade marked Ignacio Allende’s birthday...