November 10, 2017 / 4:21 AM / a month ago

Slim's bank sees around $245 million profit from Grupo Mexico rail IPO

MEXICO CITY (Reuters) - Mexican tycoon Carlos Slim’s bank Inbursa said on Thursday that a unit expects to see profit of 4.65 billion pesos ($245 million) from the sale of GMexico Transportes shares.

As part of a share offering of miner and infrastructure company Grupo Mexico’s rail unit, an Inbursa unit sold most of its 8.25 percent stake in GMexico Transportes, Inbursa said in a filing with the Mexican stock exchange.

Reporting by Michael O'Boyle; Editing by Richard Borsuk

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below