Exclusive-Mexican firm seeks $380 million from Honduran state over blocked unit

By Valentine Hilaire MEXICO CITY (Reuters) – Mexican investment firm JLL Capital, whose Honduran operation has been blocked since 2018 in a local dispute, is seeking some $380 million from the Central American country in arbitration proceedings, claiming that it violated foreign investment protections, documents reviewed by Reuters show. The case was triggered in January…

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BBVA, Santander, BofA want to back Mexico’s $6 billion power deal – Bloomberg News

(Reuters) – Banco Bilbao Vizcaya Argentaria, Banco Santander SA and Bank of America Corp together plan to fund Mexico’s $6 billion deal to purchase power plants from Spain’s Iberdrola, Bloomberg News reported on Thursday citing people familiar with the talks. The three lenders are among a consortium looking to finance the deal, the report said,…

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Mexico airport operator GAP says nearshoring, fleet expansions fuel growth

By Kylie Madry MEXICO CITY (Reuters) – The airport operating business in Mexico is thriving as traffic surges due to multinational companies bringing overseas operations closer to home and growth at Mexican airlines, according to the head of GAP, which operates 12 airports in the country. Manufacturing hubs such as Guadalajara have seen record traffic…

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