Mexican billionaire David Martinez raises stake in broadcaster Televisa to 7.8%
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Mexican billionaire David Martinez has increased his stake in broadcaster Televisa to 7.8% through his company Fintech Advisory, as reported in a filing to the U.S. SEC. This investment highlights the value Martinez sees in Televisa's assets and may strengthen the control of co-CEOs Alfonso de Angoitia and Bernardo Gomez. The disclosure follows Televisa's announcement of its executive chairman taking administrative leave amid a U.S. investigation. Televisa recently reported a net profit, aided by its partnership with Univision.
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