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Mexican firm seeks $380 million from Honduras over blocked unit - Stock Market Latest

Business & Finance

Documents exclusively reviewed by Reuters revealed that Mexican investment firm JLL Capital, whose Honduran operation has been blocked since 2018 in a local dispute, is seeking around $380 million from the Central American country, claiming that it violated foreign investment protections.

Market Impact

When JLL sought more control of its CA Capital affiliate through a capital increase, they slashed minority shareholders’ stake to 0.02% from 39.98%. 

Article Tags

Topics of Interest: Business & Finance

Type: Reuters Best

Sectors: Business & Finance

Regions: Americas

Countries: HondurasMexico

Win Types: Exclusivity

Story Types: Exclusive / Scoop

Media Types: Text

Customer Impact: Important Regional Story

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