AMX, US02390A1016

America Movil stock after-hours: Brazil acquisition completed

Published on 10/06/2026 at 20:45 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

America Movil stock is in focus after its Brazilian subsidiary completed the acquisition of a 72.83 percent controlling stake in Desktop on October 1, 2026.

AMX, US02390A1016, Illustration mit AI erstellt.
AMX, US02390A1016, Illustration mit AI erstellt.

America Movil stock is in focus after its Brazilian subsidiary Claro NXT finalized the acquisition of a 72.83 percent controlling stake in Brazilian telecommunications provider Desktop. Telecompaper reported that the transaction was completed on October 1, 2026.

Planned tender offer

Following completion, Claro NXT plans to submit a request to Brazil's Securities and Exchange Commission to conduct a unified tender offer for remaining Desktop shares. The offer would facilitate the transfer of control and support changes to Desktop's registration and listing status, according to Telecompaper.

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