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>> REAL ESTATE Latest News

OCT 25, 2013 - Yahoo! News

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Mexican billionaire Slim ups stake in America Movil

MEXICO CITY (Reuters) - Billionaire businessman Carlos Slim has increased his indirect stake in America Movil to about 15.8 percent since August, according to filings with the U.S. Securities and Exchange Commission. The filings show that Slim's real estate company, Inmuebles Carso , and his bank, Grupo Financiero Inbursa , bought $248 million and $9.5 million, respectively, in America Movil stock since early August. Slim's indirect stake in America Movil, including shares held through these companies, effectively increased from 15.2 percent since the last filing in July. ...

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