Maybe it was the distraction of the Cinco de Mayo celebration or the US earnings season, but we scuffed through a slow news period this week. The Alliance Boots pharmacy chain, UK-based but US-owned, took control of Mexico’s third-biggest pharmacy chain in the largest transaction we report. Energy tech was also active, as ION Geophysical of the US agreed to provide seismic data processing for PEMEX. At the small end of the market, NXTP Labs and Naranya Labs got together to provide seed capital for young Mexican companies.
After hours, we took a look at Lupita Amondi Nyong’o’s leap to celebrity, and tasted trendy tacos on a late night ramble through New York City.