Harp Ups Marti Stake

Alfredo Harp, the controller of Mexican retailer Grupo Marti, has completed a MXP1.44bn ($111m) offer to buy up shares he does not own in the retailer. In the public offer, Harp got 122m shares, representing 16% of the company, at MXP11.80 each, just shy of the 17.5% he targeted. Banamex managed. Marti shares were at MXP11.80 Wednesday.