Brief: Mexico's America Movil Completes Purchase of Brazil's Desktop
02/10/2026 24:36
BRIEF-Mexico's America Movil Completes Purchase of Brazil's Desktop Oct 1 (Reuters) - America Movil SAB de CV AMXB.MX:
BRAZILIAN SUBSIDIARY HAS COMPLETED THE ACQUISITION OF A CONTROLLING STAKE IN BRAZILIAN BROADBAND PROVIDER DESKTOP
AMX'S BRAZIL UNIT BOUGHT 72.83% STAKE FOR 1.75 BILLION REAIS ($334.78 MILLION)
UNIT SAYS DEAL AIMED AT EXPANDING FIXED BROADBAND BUSINESS, WILL LEAD TO CHANGES IN DESKTOP STRUCTURE AND MANAGEMENT
UNIT SAYS IT PLANS TO FILE FOR UNIFIED TENDER OFFER TO BUY REMAINING DESKTOP SHARES
Source text: ID: nNDL1JzFvb
Further company coverage: AMXB.MX
($1 = 5.2273 reais)
(Reporting by Mexico City newsroom)
((mexicocity.newsroom@reuters.com;))
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