After years of fighting to defend the share price of his flagship holding and a months-long trading halt, Mexican billionaire Ricardo Salinas Pliego is taking Grupo Elektra private.

The retail arm of Mexican billionaire Ricardo Salinas’ Grupo Elektra is seeking to sell bonds amid risks that a rating downgrade on existing notes could trigger early repayments.

Durante un tiempo, parecía que Grupo Elektra, uno de los minoristas de electrodomésticos más grandes de México, estaba a punto de convertirse en una acción zombie. Las acciones dejaron de ...

The businessman Ricardo Salinas Pliego has shown his support for cryptocurrencies for some time in several publications on his social networks. In June he made public that he had made investments ...

The company is part of the sprawling business empire of billionaire Ricardo Salinas, one of Mexico's richest men. Sign up here. The company's stock was up 19.65% by midday Wednesday, trading at ...

Salinas, who holds a nearly 75% stake in Grupo Elektra, saw the value of his shares decrease to an estimated $2.9 billion, down significantly from $7.6 billion on Friday.

Trading in the retailer, controlled by magnate Ricardo Salinas, ... Mexico's main stock exchange on Friday reinstated a trading suspension on retailer Elektra before shares changed hands, ...

He said he intends to take Elektra private and stated his businesses are solid despite political headwinds: "Now I'm free to do my thing." Salinas called Bitcoin "the hardest asset in the world ...

The businessman Ricardo Salinas Pliego has shown his support for cryptocurrencies for some time in several publications on his social networks. In June he made public that he had made investments ...

The company is part of the sprawling business empire of billionaire Ricardo Salinas, ... Last week, Elektra's shares fell sharply, losing around 70% in a single session, ...

Salinas-owned Elektra plummets 60% after trading resumes ...