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Infrastructure · Mexico CityGrupo México, the mining-to-infrastructure conglomerate controlled by Germán Larrea, has offered to buy Banamex from Citi and says it can do it without loading up on new debt. The company told Mexico’s stock exchange that even a 100% purchase would need less than $2 billion in additional credit—lines it says are already arranged. It reported […]See the Story
Grupo México’s Banamex Play, In Plain Terms
Coverage: 4 sources

Chile · ChileTwo of Chile’s biggest telcos consider teaming up to buy Spanish firm’s local assets The post América Móvil, Entel mull joint bid for Telefónica in Chile appeared first on LatinFinance.See the Story
América Móvil, Entel Mull Joint Bid for Telefónica in Chile - LatinFinance
Coverage: 2 sources