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

puerto vallarta navy shooting

Navy streets lock down after Puerto Vallarta naval shooting

A young man was critically wounded after Navy personnel opened fire outside Puerto Vallarta’s 12th...
Puerto Vallarta whale collision kills local expat

Puerto Vallarta whale collision kills local expat

An American resident dies after a Puerto Vallarta whale collision near Olas Altas Beach, as...
Costa Azul lookout accident

Costa Azul lookout accident leaves car over cliff edge

A sedan skidded on a wet curve at the Costa Azul lookout in San José...
Los Cabos water crisis

Los Cabos water shortage still drags on as city grows

Los Cabos enters a second year of government still dragging a deep water shortage, clogged...