Carlos Slim buys 3.23% of Spanish media Grupo Prisa

MADRID (AP) — Carlos Slim, one of the world’s richest men, has bought 3.23 percent of Spanish-language media giant Grupo Prisa.

Spanish financial officials said Friday the Mexican businessman bought at least 14.7 million shares of the company this month for about euro11 billion ($14.8 billion).

Slim has also purchased 7.2 percent of the publisher of The New York Times in recent years.

Grupo Prisa operates newspapers, broadcasters and publishers in 22 countries.

Last year it received a cash injection from U.S.-based Liberty Acquisitions Holdings Corp. to refinance its $6.4 billion debt.

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