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Slim shoots up his stake in Prisa to 7% and gives investor support to the group

Date: March 2, 2024 Time: 05:30:06

The Mexican billionaire Carlos Slim Helú has made official his support for the recent injection of capital into Promotora de Informaciones (Prisa), publisher of ‘El País, As, Cadena Ser, Cinco Días or Los 40 Principales, after the conversion into shares of the convertible bonds that the company issued in January for a value of 129 million euros to restructure its debt and cancel a bank loan.

The owner of the construction company FCC and the Realia real estate company strengthens itself as the third reference partner of the media company after raising its stake in Prisa from 4.3% to 7.01%, which places it behind the hedge fund ‘ Joseph Oughourlian’s Amber Capital, which has consolidated its 29.5% shareholding, or Vincent Bolloré’s French group Vivendi, which has been reinforced to exceed 10% of the capital, as ‘La Información’ announced on May 3 .

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Puck Henry
Puck Henry
Puck Henry is an editor for ePrimefeed covering all types of news.

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