August 14, 2022

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Ideal, Carlos Slim, agreed to sell more shares to Canadian funds

Mexico City /

Construction Promoter of development and employment in Latin America (Ideal), Of the employer Carlos Slim, They reportedly signed a bond agreement with Canadian funds Ontario Teachers Pension Board (Ontario Teachers) And Canada Pension Scheme Investment Board (CCP Investment) Its shares are expected to increase by 8.4 per cent and 1.1 per cent, respectively.

“Through the above, participation Ontario Authors and CCP Investment The company holds 24.8 per cent each, maintaining a group of current shareholders Ideal Most topics, he pointed out.

In this way, foreign companies will have a 49.6 per cent stake, while in March last year it had already acquired several shares and the company. Carlos Slim.

IDEAL Construction Company stated that this share purchase process is subject to certain conditions And obtaining the necessary corporate and government approvals.

The Mexican company is currently building various projects such as fifteen highway concessions, three transport ports and two water treatment plants, as well as a highway. Located in Las Vegas-Vallarta, Nairobi and Midla-Tehwandeb, Oaxaca.

The total investment of these last two projects is 20 billion pesos.

M.R.A.

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