Business · Markets · 2 hrs ago
Slim-backed INCA plans to list on Mexico’s stock exchange through a spin-off
Inversiones de Capital INCA, a new independent company, is preparing to list on the Mexican Stock Exchange.
It will be created through a spin-off by Grupo Financiero Inbursa, rather than through an initial public offering.
Inbursa plans to place 2.016 billion shares, giving INCA share capital of 40 billion pesos.
About 37.7% of the shares are to be distributed to public investors, while Carlos Slim and his family are expected to keep about 62.3%.
No initial share price has been set; it will be determined through market mechanisms, and a spin-off auction may take place.
If the exchange accepts the application, Inbursa says it will follow the exchange’s rules and market practices.
INCA would join other Slim-family companies listed in Mexico, including América Móvil, Grupo Carso, Inbursa and Minera Frisco.
Inversiones de Capital INCA plans to join Mexico’s stock market through a spin-off from Grupo Financiero Inbursa, rather than an initial public offering.
Inbursa will place 2.016 billion INCA shares, giving the new independent company share capital of 40 billion pesos.
A total of 760,108,271 shares, or 37.7% of the shares, will be distributed to public investors.
Carlos Slim Helú and his family are expected to retain about 62.3% of the company.
The initial trading price has not been set and will be determined through market mechanisms.
- Who
- Inversiones de Capital INCA, which is backed by Carlos Slim Helú and his family, and Grupo Financiero Inbursa.
- What
- INCA plans to list through a spin-off, not an initial public offering.
- When
- The article was published on October 13, 2026; the listing date is not stated.
- Where
- Mexico’s Bolsa Mexicana de Valores (BMV).
- Why
- Not stated.
This story does not have two clearly opposing sides.
Inbursa submitted a document to the BMV seeking to place INCA shares through a spin-off.
INCA is expected to join the BMV as an independent company; the date is not stated.
- Shares placed
- 2.016 billion
- Share capital
- 40 billion pesos
- Shares distributed to public investors
- 760,108,271
- Public investor share
- 37.7%
- Slim family stake
- Approximately 62.3%
What people are saying
Since there is no public offering, the initial listing price will be determined according to market mechanisms, and a spin-off auction may be held.
Sources
Related news
Mexico weighs limiting a tax break for freight companies
Mexico Tech Week to discuss AI investment and research funding
Mexico gambling association urges stronger safeguards for online betting
Dr. Simi to open its first veterinary diagnostic lab in Mexico City
Mexico workplace rules must respect workers’ rights
Mexico’s financial education week to offer free events in Mexico City
Ibero Puebla urges state to attract automakers to employ Volkswagen workers
Peso breaks a run of losses
Former Hotel Bamer now houses 98 apartments near Bellas Artes
Study estimates Pemex could have earned more by exporting crude than refining it
Tiendas 3B adapts some stores while keeping its discount model
