Slim’s Carso to Buy PetroBal Oil Stake for $530 Million
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Billionaire Carlos Slim’s Grupo Carso SAB reached a deal to acquire PetroBal SAPI’s stake in two oil fields in the Mexican state of Campeche for $530 million, expanding its bet on energy production.
The deal gives Carso a 50% stake in the Ichalkil and Pokoch oil fields, the company said in a statement late Monday. Carso shares, which have been trading at record levels, jumped 2.1% to 181.79 pesos at 8:37 a.m. Tuesday in Mexico City.