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Prudential Unit, Other Mexico Funds to Raise Up to $1.3 Billion

(Bloomberg) July 26, 2010 – Prudential Financial Inc.’s Mexican unit and three other investment companies will seek to raise as much as 16.3 billion pesos ($1.28 billion) by the end of September from the government and pension funds.Continue reading “Prudential Unit, Other Mexico Funds to Raise Up to $1.3 Billion”

Brazil’s LAEP To Obtain $42.3M Capital Injection From GEM

(Dow Jones) July 16, 2010 – Brazil’s Laep Investments Ltd., a fund that controls local dairy company Parmalat Brasil, said it entered in an agreement to receive a capital injection of up to 75 million BRL ($42.3 m) from GEM Global Yield Fund Limited.Continue reading “Brazil’s LAEP To Obtain $42.3M Capital Injection From GEM”

Slim’s Inbursa, Televisa Sell Stakes in Volaris to Investors, Funds

(Bloomberg)  July 16, 2010 – Grupo Televisa SA and billionaire Carlos Slim’s Grupo Financiero Inbursa SAB sold their 25 percent stakes in Mexican low-cost airline Volaris after almost five years as co-investors.Continue reading “Slim’s Inbursa, Televisa Sell Stakes in Volaris to Investors, Funds”