Friday, June 10, 2011

Slim's Charity Profits From $800 Million Ideal Share Sale

Slim's Charity Profits From $800 Million Ideal Share Sale: "The Carlos Slim Foundation plans to sell about one-third of the 9.2 billion pesos in stock that Impulsora del Desarrollo y el Empleo en America Latina SAB registered this month to offer to investors. That will reap the foundation about $260 million. The rest of the offering will be newly issued stock, according to a filing last week to Mexico's stock exchange."

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