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Yahoo
11 hours ago
- Business
- Yahoo
Vesta Announces Second Quarter 2025 Earnings Conference Call and Webcast
MEXICO CITY, June 23, 2025--(BUSINESS WIRE)--Corporación Inmobiliaria Vesta, S.A.B. de C.V. (NYSE: VTMX, BMV: VESTA) ("Vesta") announced today that the Company's Second Quarter 2025 financial results will be released after market close on Thursday, July 24, 2025. Vesta will host a conference call to discuss its results. Conference Call Details:Friday, July 25, 202511:00 a.m. ET / 9:00 a.m. Mexico City Time To participate in the conference call, please connect via webcast or by dialing: International Toll-Free: +1 (888) 350-3870 International Toll: +1 (646) 960-0308 International Numbers: Participant Code: 1849111 Webcast: The call replay will be available for one week following the conference call and can be accessed two hours after the call's completion via Vesta's IR website, along with the company's earnings press release, financial tables, and slide presentation. The call replay can also be accessed via +1-800-770-2030, Participant Code: 1849111 About Vesta Vesta is a real estate owner, developer and asset manager of industrial buildings and distribution centers in Mexico. As of March 31, 2025, Vesta owned 228 properties located in modern industrial parks in 16 states of Mexico totaling a GLA of 41.2 million sf (3.7 million m2). Vesta has several world-class clients participating in a variety of industries such as automotive, aerospace, retail, high-tech, pharmaceuticals, electronics, food and beverage, and packaging. For additional information visit: View source version on Contacts Investor Relations ContactIn Mexico: Juan Sottil, CFO jsottil@ Tel: +52 55 5950-0070 ext. 133Fernanda Bettinger, IRO mfbettinger@ Tel: +52 55 5950-0070 ext. 163In New York: Barbara Cano barbara@ Tel: +1 646-452-2334
Yahoo
31-03-2025
- Business
- Yahoo
Buyout Firm CD&R Hires Ex-Schwab CEO Bettinger as Senior Adviser
(Bloomberg) -- Clayton Dubilier & Rice has hired Walt Bettinger, the former chief executive officer of Charles Schwab Corp., as one of Wall Street's oldest private equity firms continues to tap the expertise of veteran business leaders. Gold-Rush Fever Returns to Historic New Zealand Mining Town What Frank Lloyd Wright Learned From the Desert Bank Regulators Fight for Desks as OCC Returns to New York Tower These US Bridges Face High Risk of Catastrophic Ship Strikes Charter Schools, Colleges Push Muni Debt Distress Near Record Bettinger, who left Charles Schwab last year after leading it for more than 15 years, will join CD&R as a senior adviser. He's tasked with helping to identify investment opportunities in the financial services and technology sector for CD&R, he said in an interview. 'What appealed to me was the firm's focus on operational excellence,' Bettinger said. 'The fact that around 80% of the value that the firm has generated over the years has been through operational improvement, is quite distinct.' Bettinger will continue to serve on Schwab's board of directors as executive co-chairman. The firm's namesake, Charles 'Chuck' Schwab, is the other co-chairman. CD&R, which was established in 1978, has been hunting for deals after raising a record $26 billion buyout fund in 2023. Unlike some of its peers who are branching out to other areas like private credit and infrastructure, the firm has stuck with its focus on buyout transactions. Last year, CD&R agreed to buy a controlling stake in Sanofi SA's consumer health unit, in a deal that valued the business at about €16 billion ($17 billion). It also teamed up with Stone Point Capital to buy Truist Financial Corp.'s insurance brokerage unit in a deal valuing the business at $15.5 billion. The insurance, wealth and retirement sectors are the focus for CD&R's financial services vertical, according to David Winokur, who joined CD&R as a partner in 2022 to establish and build that business. 'Given the massive wealth transfer that is taking place and the accumulation of wealth in an aging society, this is going to be a key area for us to invest in,' Winokur said. 'The technology sector is increasingly entrenched with financial services, and there is still a tremendous opportunity to use technology to enhance value in the industry.' At CD&R, Bettinger will be part of a senior adviser cohort that includes James McNerney, the former CEO of Boeing Co. and 3M Co., as well as the former head of UK supermarket chain Tesco Plc, Terence Leahy. The buyout firm also has a roster of former senior business executives who help to improve the operational performance of the companies that it owns. 'Over the last 10 to 15 years, we have made a major push into investing in sectors like financial services, technology and tech-enabled services,' Winokur said. 'It's important for us that our senior advisers talent reflects individuals with deep experience and expertise in that space.' Trump's IRS Cuts Are Tempting Taxpayers to Cheat Google Is Searching for an Answer to ChatGPT Israel Aims to Be the World's Arms Dealer Business Schools Are Back How a US Maker of Rat-Proof Trash Bins Got Boxed in by Trump's Tariffs ©2025 Bloomberg L.P. Sign in to access your portfolio
