MEXICO CITY Mexico's Grupo Financiero Mifel has postponed an initial public offering the bank had hoped to close on Wednesday, according to its announcement to the stock market, a decision first reported by Reuters.
MEXICO CITY Mexico's Grupo Financiero Mifel has postponed the initial public offering it hoped to close on Wednesday, three sources with knowledge of the deal said, the second highly anticipated listing cancelled this week in a gloomy sign for the country's capital markets.
MEXICO CITY Mexican retailer and lender Grupo Coppel has indefinitely postponed a more-than-$1 billion initial public offering it considered launching this year after the family owners backed out, three people with knowledge of the deal said.
MEXICO CITY Mexican conglomerate Grupo Industrial Saltillo SAB de CV is considering more acquisitions in Europe to expand its auto parts division, its top executive told Reuters.
MEXICO CITY Mexico's biggest retailer, Walmart de Mexico, reported a second-quarter profit on Wednesday that beat expectations, boosted by higher traffic and strong same-store sales in Mexico.
MEXICO CITY The CEO of America Movil, Latin America's largest telecommunications company by subscriber numbers, said on Wednesday that AT&T Inc's acquisition of Time Warner will do little to change the telecoms landscape in the region.
MEXICO CITY Mexican low-cost airline Volaris reported first-quarter results far below market expectations on Friday, sending its shares down by almost a fifth, and analysts said the company faces intense price competition and higher fuel costs.
MEXICO CITY Mexico's biggest retailer, Wal-Mart de Mexico , said on Thursday that same-store sales rose in March by the biggest margin in more than 12 years on holiday shopping.
MEXICO CITY Mexico's state and municipal government debt sector will likely see lower borrowing costs in the coming months following the acquisition of Grupo Financiero Interacciones by Banorte, Interacciones CEO said on Wednesday.
MEXICO CITY Mexico's Senate on Tuesday approved a bill that would regulate its fast-growing financial technology sector, including crowdfunding and cryptocurrency firms, paving the way for a vote by the lower house.