America Movil is trading at $22.21, up +4.32%; reports note Claro’s completed Desktop acquisition but do not directly attribute the October 5 gain to it.
- Claro acquired a 72.83% controlling stake in Brazilian broadband provider Desktop in a transaction valued at R$1.75 billion.
- Announced in March and closed October 1, the deal expands Claro’s Brazilian broadband presence; coverage says it plans an offer for Desktop’s remaining shares.