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Business & CommerceMexico's Slim to acquire Nicaraguan pay TV company Estesa
americaeconomica.com NICARAGUA -
Mexico's América Movíl, flagship of Carlos Slim's business empire, is going to acquire Nicaragua's leading pay TV provider, Estesa, said Augusto Vargas, Estesa's general manager said.
The announcement follows the breakdown of talks with two other potential bidders, Benetton and Spain's La Caixa, Vargas said.
Slim, Latin America's most powerful business magnate, will make the acquisition through América Movil's local unit, Enitel, reports said.
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