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

puerto vallarta news

Puerto Vallarta News Roundup for March 10, 2026 – What you missed today

Beach alert, tourism Gala kickoff, cruise cancellations, city hall reshuffle, prison inspection, and key incidents...
How Pre-Hispanic Food Still Shapes Daily Life in Mexico

How Pre-Hispanic Food Still Shapes Daily Life in Mexico

A new history of Mexica cooking argues that tortillas, tamales, atole, nixtamal and stone tools...
Data-center real estate is surging but still looks solid

Data-center real estate in Mexico is surging but still looks solid

JLL says data-center real estate is expanding quickly, but high occupancy, strong pre-leasing and power...
Princess Drops Three Puerto Vallarta Calls This Week

Princess Drops Three Puerto Vallarta Calls This Week

Princess Cruises dropped three Puerto Vallarta calls this week, cutting March arrivals to 11 and...