Slim seeks to expand empire into ailing Europe

MEXICO CITY (Reuters) - Mexican billionaire Carlos Slim upped the pressure on K

A multibillion dollar offer by Mexico's Carlos Slim to raise his stake in a Dutch telecoms firm may mark the start of a push to expand his reach into Europe, where a debt crisis is opening up opportunities ...

AMSTERDAM (Reuters) - America M

MEXICO CITY (Reuters) - Mexican billionaire Carlos Slim ramped up his bid for a bigger stake in KPN by purchasing more shares of the Dutch telecommunications company at a lower price than his outstanding tender offer for up to 27.7 percent of the company. America Movil , the jewel of Slim's empire, said on Monday it entered into four separate transactions to buy an aggregate 6 million ordinary shares of KPN , bringing its holding in the Dutch firm to 7.3 percent. "All these transactions were entered into a price in cash of 7.8 euros per ordinary share," the company said in a statement. ...

MEXICO CITY (Reuters) - America Movil, the telecoms giant owned by Mexican billionaire Carlos Slim, aims to boost its presence in the U.S. phone market by purchasing California-based firm Simple Mobile, the second acquisition plan the company has unveiled this week. Fresh from bidding for a bigger stake in Dutch telecoms firm KPN NV , at a cost of around $3.5 billion, America Movil's U.S. unit Tracfone Wireless has set its eyes on Simple Mobile, a mobile virtual network operator (MVNO). ...

By Retracement:Lo and behold, less than a month after writing 'Profit From Investing Alongside The World's Richest Man: Carlos Slim', the Mexican business magnate struts his stuff again.