Category: Mexico

MetLife Buys Mexico’s Hidalgo MetLife, the largest insurer in the United States, has agreed to buy Mexico’s state-owned Aseguradora Hidalgo for $965 million in cash, outbidding rival insurers aiming to […]

A Sub-investment grade Mexican railroad company took advantage of an openeing in the US junk bond market to issue $180 million worth of 10-year paper.

There are small signs that Mexico’s competition authorities are beginning to stand up to the rich and powerful bosses who have defied control for years. But the regulators have a hard battle ahead of them.

Divergent Paths Interest rates in Mexico and Chile are at historical lows, in spite of the growing uncertainty afflicting most of the region. Chile is located next door to Argentina, […]

Cemex, the Mexican cement company, is a global player that has acquired competitors on five continents. But the markets are carefully watching Cemex?s Asian expansion, worried that it might now be overextending itself.

As Secretary of Mexico?s Ministry of Comptrollership and Administrative Development, Francisco Barrio Terrazas is the country?s anti-corruption czar. His job, and that of his office, is to stamp out deep-rooted government corruption and promote financial transparency and accountability in all public institutions. Here Barrio describes Mexico?s multi-pronged attack on dishonesty and fraud in government, and acknowledges that a prolonged and relentless effort is necessary to alter the course of decades of corruption.

Riding on the tails of Mexico?s freshly upgraded credit rating, Grupo Televisa, the Spanish-language television broadcaster, was able to raise $300 million with 30-year plain vanilla bond in the international market.

LatinFinance: Why is it important to lower inflation to the same level as in the US? Guillermo Ortíz:I think that if the history of Mexico has been of convergence and […]