Bloomberg News

Carlos Slim Said to Acquire 3.23% Stake in Prisa

November 30, 2011

Nov. 18 (Bloomberg) -- Mexican billionaire Carlos Slim bought a 3.23 percent stake in Promotora de Informaciones SA, Spain’s biggest media company, according to a person with direct knowledge of the matter who asked not to be identified because the information isn’t public. The stake has a market value of about 22 million euros ($30 million).

Prisa declined to comment. Arturo Elias, a spokesman for Slim, didn’t immediately return an e-mail message, and no one answered calls to his office before normal business hours in Mexico City.

--With assistance from Crayton Harrison in Mexico City.

To contact the reporter on this story: Manuel Baigorri in Madrid at mbaigorri@bloomberg.net

To contact the editor responsible for this story: Kenneth Wong at kwong11@bloomberg.net


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