Deals
America Movil Pays $4.6 Billion to Boost Control of Telmex
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Carlos Slim’s America Movil SAB will pay 62.1 billion pesos ($4.6 billion) to increase its stake in Telefonos de Mexico SAB to 93 percent as the billionaire seeks to move all of his telecommunications assets into one company.
Stockholders of America Movil, which already controlled 60 percent of Telmex, tendered 5.92 billion shares of the unit for