Mexico’s telecommunications regulator concluded that there are dominant companies in the industry, setting the stage for new rules that may reduce the market share of America Movil SAB and Grupo Televisa SAB.
Ford Motor Co., which plans to cease making the Econoline van later this year, will revive the Ohio factory where the vehicle is made by investing $168 million to move pickup production there from Mexico early in 2015.
U.S. efforts to speed natural gas exports as a way to loosen Russia’s grip on European energy supplies may be thwarted by lengthy reviews and developer reluctance to proceed with multibillion-dollar projects.
Alsea SAB will push back a planned stock offering to help fund its purchase of the Vips restaurant chain after the Mexican government placed conditions on the takeover, according to two people with knowledge of the matter.
Controladora Comercial Mexicana SAB, the owner of almost 300 supermarkets and restaurants that is selling itself, has drawn interest in its California-brand eateries from at least two companies, people with knowledge of the matter said.
Controladora Comercial Mexicana SAB, owner of almost 300 supermarkets and restaurants, has put itself up for sale and is asking potential buyers to submit offers, three people with direct knowledge of the proposal said.