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Mexico's foreign direct investment jumped by a quarter in 2015

2016-02-22 07:45:57| Industrial Machines - Topix.net

Feb 22 Foreign direct investment in Mexico rose by a fourth last year to reach $28.382 billion, the country's economy ministry said in a statement on Sunday. The ministry said the stronger 2015 FDI was due to U.S. telecoms company AT&T Inc paying more than $2 billion to acquire Mexican wireless operators Iusacell and Unefon, as well as the purchase of Vitro's glass container business by U.S.-based Owens-Illinois Inc for about $2.15 billion.

Tags: in direct foreign investment

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