He’s going stock market

Aeromexico announced this Wednesday, December 28, that it canceled its registration in the National Securities Registry for all of its shares that represent its capital stock.

The event was announced through a statement to the Mexican Stock Exchange, which authorized the actions undertaken by the Mexican airline.

For the shareholders who did not sell their papers in the takeover bid (OPA) that began on November 8, 2022, Aeroméxico reported that it opened a trust with CI Banco, to acquire the “Remaining Shares” at a price of 184.78 pesos per unit. . The trust will be valid for six months from December 13 or until the bank acquires all the papers distributed among the shareholders.

With its delisting from the Mexican Stock Exchange, Aeroméxico joins companies such as Lala, Ienova, Bio Pappel, Pochteca, Elementia, General de Seguros and Fortaleza, which have already left the stock market.

Amazon.com Inc is working on a standalone app for watching sports content, The Information reported on Wednesday, citing a source with direct knowledge of the plan.

Sports remain one of the biggest draws to watch live as American audiences increasingly switch from pay TV to subscriptions to streaming apps.

The move will likely complement Amazon’s effort to double down on sports programming on its Prime Video service, a key channel for attracting consumers to its shopping platform.

Amazon already owns the rights to broadcast games such as the National Football League (NFL)’s Thursday Night Football franchise and Premier League soccer matches in the UK, allowing it to better compete with sports broadcasting leader Walt Disney Co. .

Last week, Alphabet Inc’s YouTube unit also signed a multi-year deal to exclusively broadcast the NFL’s Sunday Ticket package of games in the United States.

It was unclear when Amazon would launch the sports app and if it would go ahead with the plan, according to the report.

the oil company US Exxon Mobil Corp is suing the European Union in an attempt to force it to scrap the bloc’s new windfall tax on oil groups, arguing that Brussels exceeded its legal authority in imposing the tax.

The windfall tax is “counterproductive,” discourages investment and undermines investor confidence, Exxon spokesman Casey Norton said Wednesday. Exxon will take the tax into account when considering future multibillion-dollar investments in Europe’s energy supply and transition, he added.

“Whether we invest here depends mainly on how attractive and competitive Europe is globally,” Norton said.

The Financial Times first reported on the lawsuit on Wednesday.

Windfall taxes imposed by Europe could cost at least $2 billion through the end of 2023, the company’s chief financial officer, Kathryn Mikells, said in a call to analysts on Dec. 8.

Exxon said it has invested $3 billion in the past decade in refinery projects in Europe.

The projects are helping it deliver more energy products at a time when Europe struggles to cut energy imports from Russia, which is at war with Ukraine.