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Participation in South American telecommunications companies is strengthened with the acquisition of the most important telecom in Brazil: Embratel. The company also diversifies with the airline Volaris and operations in mining and real estate, among others. Likewise, it sold its subsidiary of layers and tiles, Porcelanite, to Grupo Lamosa for million dollars. Also Copa Telmex received the Guiness Record for being the amateur tournament with the most of competitors around the world.
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New Stories. Soumaya Domit de Slim passes away, leaving an invaluable legacy; she always worked for the personal development of Mexicans, with several projects that are still active.
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Likewise, it sold its subsidiary of layers and tiles, Porcelanite, to Grupo Lamosa Grand president Fremont guest friendly million dollars. December 12, They made diverse investments and acquisitions during this period, one of which was Cigatam, which turned out to be the first and most important because of its cash flow, providing the Group with sufficient liquidity to capitalize on available opportunities and thereby increase itsacquisitions of big companies, including: Hulera el Centenario, Bimex, Hoteles Calinda Latina mina Frisco, OSTAR Grupo Hotelero and Life therapeutic massage center Missouri City Texas Aluminio.
Slim continues to be active in business although his main effort and work is focused on education, health and employment in Mexico and Latin America, through the foundations he chairs and companies in infrastructure arena; his three sons, Carlos, Marco Antonio and Patrick Slim Domit, have taken over the reins of his businesses.
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Carlos Slim was awarded the George Washington University Honoris Causa Degree because of both his philanthropic activities and contribution to business growth and community development in Mexico and Latin America. Continue… Mr. Magdalena — Tubutama El Cajon.