SSWM Engages Investment Banker for Mexico Project Financing
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Bruce Beattie, President of Sub-Surface Waste Management of Delaware,  Inc.
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Spain's Banco Santander Central Hispano has the backing of the Abbey National board to accelerate its 8.3 billion pound bid for the UK mortgage bank, the Financial Times says.
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Looking at Mexico's opportunities can mean making profits while others nap.
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Citigroup Inc. and Goldman Sachs Group Inc. will market a $5.8 billion loan for Cemex SA to other lenders over coming days, bankers involved in the deal said, in what&#39;s the largest-ever credit for a Mexican company.
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(InfoWorld) - Indian outsourcer Wipro has opened a software development facility in Monterrey, Mexico, to offer services to clients in North America and Latin America in the same time zone and geographical proximity. Wipro made the announcement Tuesday when Mexico's President Felipe CalderÃ³n Hinojosa visited its Bangalore campus. He is in India to promote business collaboration, particularly in IT, between the two countries. Mexico's broad language skills and proximity to Canada and the U.S. helped Wipro decide to establish a presence there. Latin America is also a strong emerging market where many of Wipro's clients operate. Wipro's Monterrey facility will employ 100 people. Some of the center's Mexican staff are already training in Bangalore. Infosys Technologies, another Indian outsourcer, announced last month that it isÂ setting up an IT services and BPO (business process outsourcing) facilityÂ in Monterrey. Indian outsourcers like Tata Consultancy Services, of Mumbai, have also invested in services delivery centers in Latin America with an eye to offering near-shore services to clients in North America and to service the Latin American market. Wipro announced last month that it is setting up a software development center in Atlanta and plans to hire staff for the center from local universities. The center, which will have 500 employees by the third year of operation, will help Wipro in hiring highly skilled workers and domain experts who will be critical to Wipro's business growth plans in the U.S., the company said.
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Mexico plans to put up $7 billion, to go with $1.4 billion offered by Washington, to fund a three-year crackdown on its violent drug cartels, the Mexican ambassador to the United States said on Tuesday.
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Indian outsourcer Wipro follows Infosys, opens a facility in Mexico to better serve clients in North America and Latin America.
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Mexico&#39;s Cemex, the world&#39;s third-largest cement maker, is set to buy Britain&#39;s RMC Group in a $5 billion deal to be announced Monday, a source familiar with the matter told Reuters.
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Mexican Cemex, being the third largest cement maker in the world, agreed to buy its British competitor - RMC Group - for $5.8 billion, as well as their debts in order to expand their activity on the building materials market of the USA and Europe.
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Indian outsourcer Wipro has opened a software development facility in Monterrey, Mexico, to offer services to clients in North America and Latin America in the same time zone and geographical proximity.
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Wal-Mart Stores said it expected to offer banking services in Mexico by the second half of 2007. Eduardo Solorzano, the president of Wal-Mart de Mexico, or Walmex, said the company would initially finance its banking business with its own capital. Last week, Mexico approved the opening of five new banks, including one by Walmex. Mr. Solorzano said he hoped the companyÂs banking division would bring it closer to its customers. The bank is expected to offer basic deposits and loans, including savings accounts linked to debit cards and checkbooks.
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Mexico's wireless giant offers value and growth.
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UK BUILDING materials firm and world market leader RMC has agreed to a Â£2.3 billion takeover bid from the worldâs third largest concrete-maker, Cemex of Mexico.
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Mexico&#39;s Cemex has agreed to buy building materials firm RMC Group for 2.3 billion pounds, doubling the revenues of the world&#39;s No.
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The World Bank on Tuesday named Pamela Cox as its new top official to oversee its lending operations in Latin America and the Caribbean.
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Mexico expects to double automobile capacity in 10 years, attracting investment of as much as $10 billion from foreign automakers, Economy Minister Fernando Canales said in an interview.
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Nova Chemicals Corp., Canada&#39;s largest chemical maker, will join Petroleos Mexicanos, Mexico&#39;s state-owned oil company, and two other partners to study a plan to build a $2 billion petrochemical complex in Mexico.