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 hosts March 8 5K for women's safety

Puerto Vallarta hosts March 8 5K for women’s safety

Puerto Vallarta’s March 8 5K “8M for Equality” invites residents and visitors to run or...
Tijuana police detain man carrying rocket launcher

Tijuana bazooka report turns into federal weapons case

A citizen tip in Tijuana led to a detention for a military-only launcher, and an...
Canada beef sees Mexico as anchor for export shift

Canada beef sees Mexico as anchor for export shift

Mexico is Canada’s third-largest beef export market. Shipments hit about 24,000 tonnes in 2025, valued...
US tourism Mexican Caribbean

Mexico pulls ahead in North America tourism recovery

WTTC says Mexico is above 2019 tourism levels. INEGI data shows 2025 arrivals and receipts...