Buyers, banks line up for AMX asset sales

Buyers, banks line up for AMX asset sales

M&A

Potential buyers are already lining up for America Movil’s assets after the company said it intended to cut its share of the Mexican telecommunications market to below 50% earlier this month. “Already we’re beginning to get signs of interest from many quarters, including many unexpected ones,” chief financial officer Carlos Garcia Moreno told LatinFinance on Thursday. AMX has also received much interest from investment banks on to advise on the transaction, he said. The company has not yet manda

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