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...It says it will add Banco Azteca financial services and boost the range of electronics available at the stores, and that the purchase will boost Elektra’s sales area by 7 per cent....
...Part of the Ricardo Salinas Pliego empire, which includes Azteca, Mexico’s second-largest broadcaster, Elektra and Banco Azteca also operate in several other countries in Latin America, including a large...
...Little wonder, then, that at the end of the quarter, Banco Azteca, as Grupo Elektra’s banking arm is called, had a total of 12.5m active credit accounts....
...But over the last decade, successive politicians have allowed Mexico’s broadcasting duopoly, Televisa and TV Azteca, to agglomerate more power....
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