Reuters - Mexican glassmaker Vitro, which went through a bankruptcy reorganization in 2011, said it will pay down convertible debt due to expire in 2015. Vitro said it will pay debt and interest on the notes, a total of $122.4 million.
Reuters - Mexican corn miller and tortilla maker Gruma said it has asked the World Bank to arbitrate in its negotiations with Venezuela over the nationalization of its factories there in January.
Motley Fool - Office Depot, still in the process of merging with peer OfficeMax, will be bringing a slimmer self to the marriage of equals. Office Depot announced Tuesday that it will offload its 50 percent stake in its joint venture with Gigante.
Reuters - Mexico's Cemex, one of the world's biggest cement companies, plans to invest around $100 million to improve its operations in Egypt, the company said in a statement on Monday.
Bloomberg - Desarrolladora Homex’s bonds are signaling that not even a lifeline from billionaire Carlos Slim can prevent Mexico’s biggest homebuilder from joining industry rivals in restructuring its debt.
Dow Jones - Philip Morris International has agreed to buy Grupo Carso's 20 percent stake in its Mexico tobacco business for about $700 million, giving the tobacco company complete ownership of its Mexican unit.
Huff Post - A judge in Delaware ordered attorneys for Wal-Mart Stores Inc. to turn over more information to shareholders seeking records on how the company responded to allegations of bribery involving its operations in Mexico.
Bloomberg - Grupo Hevi, the closely held owner of Mexico’s Telecable TV service, has hired Barclays to explore a sale. A sale would put one of the biggest remaining independent cable companies in Mexico up for grabs. The firm could fetch more than $500 million.
Reuters - Two Mexican firms embroiled in a contractual dispute with Yahoo will appeal a court ruling that overturned an earlier $2.75 billion judgment in their favor, a director of the companies said on Friday.
NACS - Fomento Economico Mexicano (FEMSA), which owns OXXO, a chain of more than 10,500 convenience stores across Mexico, now wants to expand the pharmacy chains it recently purchased: the Farmacias Yza and Farmacias YM Moderna.