Latest news with #CiudadDeMexico
Yahoo
2 days ago
- Business
- Yahoo
Mexico's Fibra Next targets $422 million after reviving stalled IPO
MEXICO CITY (Reuters) -Mexican real estate investment trust Fibra Next is reviving its plans to go public and aims to raise 8 billion pesos ($422 million) in the offer, documents released late on Tuesday show. WHY IT'S IMPORTANT The IPO signals renewed confidence in Mexico's REIT market after regulatory delays last year stalled Fibra Next's debut on the stock exchange. BY THE NUMBERS Fibra Next plans to issue 80 million Real Estate Trust Certificates (CBFIs) at an offering price of 100 pesos each. Including overallotment and additional issuance options, the offering could reach 110.4 million certificates. CONTEXT Fibra Next was created with industrial assets from Fibra Uno, Mexico's largest real estate investment trust. REITs in Mexico, known as "fibras," operate similarly to U.S. REITs, offering returns from rental income and capital gains on property portfolios. Fibra Next's IPO was delayed in late 2023 due to a lack of "confirmation of judgment" from the tax authorities. WHAT'S NEXT The IPO is scheduled for later this year, according to the preliminary prospectus released through Mexico's main stock exchange. ($1 = 18.9667 pesos)
Yahoo
6 days ago
- Sport
- Yahoo
Luka Jović sparks hope at Cruz Azul
Víctor Velázquez, president of Cruz Azul, confirmed to the press the team's interest in Luka Jović, with whom they had already made an approach. And this Saturday, the player surprised on his social media by removing all the information that linked him as a player of AC Milan. Advertisement Uncertainty surrounds Jović's environment, as his contract with the Italian team ends this June. Will Cruz Azul be his new team? This article was translated into English by Artificial Intelligence. You can read the original version in 🇪🇸 here. 📸 PIERO CRUCIATTI - AFP or licensors
Yahoo
7 days ago
- Sport
- Yahoo
New Cruz Azul kit leaked
Cruz Azul, the recent champion of the Concachampions 2025, is preparing for the next season and already has its new uniform ready. The jersey, designed by Pirma, was leaked on TikTok by the account @eldelas_jerseys, showing both the home and away models. One of the most striking details is the incorporation of Novibet as a new sponsor, following its recent official announcement. Advertisement As for the design, the colors white, red, and black appear on the collar, sleeves, and sides, highlighting a 'V' cut collar. This article was translated into English by Artificial Intelligence. You can read the original version in 🇪🇸 here. 📸 Manuel Velasquez - 2025 Getty Images
CNA
7 days ago
- Business
- CNA
Google comes out on top as years-long Mexico antitrust case closed
MEXICO CITY :Mexico's antitrust watchdog said on Friday it had closed a case against Google, clearing the tech giant from any potential fines, after a multi-year investigation determined it did not engage in monopolistic practices in the country. The investigation by Mexico's Federal Economic Competition Commission (Cofece), which began in 2020, focused on Google's digital advertising services via its search page as well as third-party websites.
Reuters
7 days ago
- Business
- Reuters
Google comes out on top as years-long Mexico antitrust case closed
MEXICO CITY, June 13 (Reuters) - Mexico's antitrust watchdog said on Friday it had closed a case against Google, clearing the tech giant from any potential fines, after a multi-year investigation determined it did not engage in monopolistic practices in the country. The investigation by Mexico's Federal Economic Competition Commission (Cofece), which began in 2020, focused on Google's digital advertising services via its search page as well as third-party websites.
