Tag Archives: Mexican Stock Exchange

Slim Pulls Out of Banamex Purchase

PULSE NEWS MEXICO Mexican billionaire Carlos Slim’s Inbursa financial group announced on Wednesday, Nov. 23, that it was withdrawing from its former commitment to purchase Banamex, Citigroup’s consumer and corporate banking business in Mexico. “After the presentation of a nonbinding proposal for the acquisition of said businesses, the parties have mutually agreed that Imbursa will not continue in the following

Read more

Aeroméxico Drops $80.4 in Value Over Two Days

By KELIN DILLON Mexico’s flag carrier airline, Aeroméxico, experienced massive losses at the end of last week, losing more than $80.4 million in value over the course of two days and dropping stock prices to 1.66 pesos per share, the airline’s lowest share price in history. While having a $118.6 million market share as of Wednesday, Dec. 15, Aeroméxico lost

Read more

Bloomberg Says Only Mexican Stock Actions Are Buyouts

By THE PULSE NEWS MEXICO STAFF According to a report published by Bloomberg News on Monday, Oct. 11, the only significant Mexican stock action in the last year and a half has been buyouts. In an article Michael O’Boyle, Bloomberg said that while Initial Public Offering (IPO) records around the world are currently at peak levels, with companies having already

Read more
« Older Entries