* Slim's Grupo Carso plans to spin off real estate, mining units

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1 total messages Started by Jose Thu, 02 Sep 2010 03:22

#5640

Author: Jose
Date: Thu, 02 Sep 2010 03:22

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Financial Times (blog) - ‎25/08/2010‎

Grupo Carso, the holding company controlled by billionaire Carlos
Slim, plans to spin off its real estate and mining units to allow
investors to consider their value separately, Bloomberg reports. The
spinoffs require the approval of shareholders and would be listed on
Mexico’s stock exchange, the Mexico City-based company said yesterday
in a statement. Carso acquired real estate holdings last year from
another Slim-controlled company for $22.6m.


http://blogs.ft.com/beyond-brics/2010/08/25/new-york-headlines-80/

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