Whale-ista - 7-10-2014 at 09:00 AM
From: http://www.businessweek.com/news/2014-07-09/slim-plots-spend...
"Carlos Slim is planning to spend more in countries such as Brazil while placing bigger bets on industries like energy, as regulatory pressure in
Mexico splinters his most prized asset.
"After two decades of investments in Mexico’s phone business added him to the ranks of the world’s richest people, Slim said this week that his
America Movil SAB (AMXL) is bowing to antitrust legislation by selling assets in Mexico to reduce its dominant market share. Still, Slim said in a
recent interview that he’s bullish on Mexico and the rest of Latin America. Slim plans to refocus his investments to take advantage of increasingly
cheap borrowing costs."
More at the website linked above
[Edited on 7-10-2014 by Whale-ista]