Mexico billionaire Slim's construction company plans $1.4 billion offering

  • 📰 Reuters
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 97%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

Mexican infrastructure company Promotora del Desarrollo de America Latina, which...

FILE PHOTO: Mexican billionaire Carlos Slim attends a news conference in Mexico City, Mexico October 16, 2019. REUTERS/Luis Cortes

Promotora Ideal , as the company is known, said in a filing to the Mexican stock exchange that the 25.8 billion Mexican pesos offering would be via a Fibra E, a Mexican real estate investment trust. Promotora Ideal manages highway, water treatment, electric energy generation and social infrastructure projects across Mexico. Like other companies controlled by Slim, it is listed on the Mexican stock exchange.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

your most welcoming i am so Excited thanks

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines