April 20, 2006 |
Carlos Slim Domit, chairman of Mexico's Telefonos de Mexico telecommunications monopoly, has purchased $288 million in shares -- or 2.8% -- of Los Angeles-based Univision Communications Inc., according to a regulatory filing on Wednesday. Slim's stock purchase comes as Univision, the nation's largest Spanish-language media company, is weighing a likely sale. Two months ago, Univision's board -- led by Los Angeles billionaire A.
June 27, 2003 |
Circuit City Stores Inc. said Mexican billionaire Carlos Slim made a $1.5-billion buyout offer that it rejected because the $8-a-share cash bid was too low. Slim, who owns 9.2% of the Richmond, Va.-based company, is considering whether to make a fresh proposal for stock in the company he doesn't already own, a spokesman for Slim said.
March 5, 2005 |
Carlos Slim, MCI Inc.'s biggest investor, said he opposed the company's planned sale to Verizon Communications Inc., adding to pressure on MCI Chief Executive Michael Capellas to negotiate a better deal. Verizon's $6.76-billon offer is too low and an $8-billion bid from Qwest Communications International Inc. also falls short, said Arturo Elias, a spokesman for Slim, who holds a 13.7% stake in Ashburn, Va.-based MCI. "We find the Qwest offer better, but it's also insufficient," Elias said.
March 16, 2000 |
Mexican businessman Carlos Slim, Latin America's richest man, will meet the world's wealthiest, Microsoft Corp. Chairman Bill Gates, on Tuesday to launch a Web portal aimed at Spanish-speakers from Canada to Patagonia. The entrepreneurs will launch the Internet site T1 from Miami, a source close to the organization committee said. In October, Slim's Telefonos de Mexico--a market bellwether--teamed up with Microsoft to develop the Web portal.
September 30, 2005 |
Mexican billionaire Carlos Slim led a group of business executives, union leaders and academics calling on presidential contenders to commit to a program they said would help spur economic growth and create jobs. About 400 business executives, including Grupo Televisa Chief Executive Emilio Azcarraga, signed an accord Thursday in Mexico City that calls for private investment in roads, energy, water, health and education.
March 3, 2000 |
Carlos Slim Helu and other members of one of Mexico's wealthiest families acquired a 7% stake in Saks Inc., the owner of Saks Fifth Avenue and other department stores. The investors reported holding more than 10 million Saks shares, worth more than $120 million at current prices, according to documents filed with the Securities and Exchange Commission.
July 26, 2005 |
Billionaire Carlos Slim and leading broadcaster Televisa are joining forces in a new low-cost airline as the government sells off Mexico's largest carriers and opens the industry to competition. Slim's investment unit, Sinca Inbursa, and Televisa said Monday they would each take a 25% stake in Vuela, the new airline. The other partners are El Salvador-based airline Grupo Taca and investment fund Discovery Americas I, in which former Mexican Finance Minister Pedro Aspe plays a leading role.
March 13, 2007 |
Facing mounting criticism for his $49-billion fortune in a nation where nearly half the population lives in poverty, telecom mogul Carlos Slim Helu on Monday portrayed his business empire as a family enterprise that is creating jobs and investment in Mexico. It was Slim's first public appearance since Forbes magazine last week announced that his net worth surged $19 billion in 2006. Slim ranked third behind Microsoft Corp. co-founder Bill Gates ($56 billion) and American investor Warren E.
March 9, 2007 |
Telecom mogul Carlos Slim Helu has built a corporate empire so vast that it's nearly impossible for most Mexicans to go a day without slipping a few pesos into his pocket. Those pesos add up. On Thursday, Forbes magazine estimated his net worth at $49 billion. That represented a stunning $19-billion increase from 2006, the biggest one-year jump in a decade for anyone on the magazine's annual list of the world's richest people. Microsoft Corp.