Reuters - Mexico's Mexichem said it had reached a deal to pay $630 million to buy Tennessee-based plastic pipe maker Dura-Line Corporation from private equity firm CHS Capital.
Reuters - Mexico's Grupo Televisa said on Thursday it paid 8.55 billion pesos ($653.96 million) to acquire the remaining shares in Mexican cable company Cablecom it did not already own.
EFE - Mexico’s Cemex, a global leader in the production and sale of cement, concrete and aggregates, said Thursday it will begin construction of a $340 million cement plant in Colombia.
Denver Business Journal - Pulse Beverage Corp. said Wednesday it is entering the Mexico market, establishing a subsidiary south of the border to introduce its coconut water products there.
Bloomberg - Petroleos Mexicanos’s profit will increase by 90 billion pesos ($6.85 billion) within five years as a result of tax cuts in Mexico’s landmark energy law, Deputy Finance Minister Miguel Messmacher said.
The Guardian - A small group of beekeepers in Mexico has inflicted a blow on biotech giant Monsanto, which has halted the company’s ambitions to plant thousands of hectares of genetically modified soybeans.
ReCode - Secure messaging company Wickr is partnering with Iusacell, Mexico’s No. 3 wireless carrier, to deliver a Spanish-language version of its service.
Forbes - A Texas court issued a final judgment against Pemex’s powerful Workers Union authorizing Texas company Arriba Ltd to collect millions of dollars in damages for breach of contract.
Bloomberg - Mexico’s state oil company struck a deal to import U.S. natural gas from a Swiss trading house, Mercuria Energy Group, a step that would help the nation secure a cheaper long-term alternative to fuel oil for its power plants.
Reuters - The Delaware Supreme Court affirmed last week a lower court ruling that ordered Wal-Mart Stores Inc. to provide a shareholder with documents related to the company’s internal probe of allegations the retailer had paid bribes in Mexico.