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

clean beaches committee

Clean beaches committee puts Puerto Vallarta mayor in spotlight

Puerto Vallarta Mayor Luis Munguía will head the interstate clean beaches committee, coordinating water tests...
Cancun tour boat accident

Cancun tour boat accident ends in tragic death of young man

A 23-year-old man who fell from a Caribbean Golden tour boat off Cancun was found...
SEAPAL Vallarta water

SEAPAL Vallarta water fix ends 5 de Diciembre leaks

After a 13-hour job on Ecuador Street, SEAPAL Vallarta water crews cut out old asbestos-cement...
Teleton Los Cabos

Teleton Los Cabos center opens after years of work

The new Teleton Los Cabos center ends long trips to La Paz for therapy, bringing...