Sept 6 (Reuters) - Mexican magnate Carlos Slim has
increased his stake in oil and gas producer Talos Energy ( TALO )
through his company, Control Empresarial, by acquiring
approximately 2.7 million shares for around $30 million,
according to a filing released late Thursday.
Shares of Talos Energy ( TALO ) were up 1.5% at $10.95 in afternoon
trade.
The move comes after Talos CEO Tim Duncan stepped down on
August 29 after serving for more than 12 years in the role and
board member Joseph Mills was named as the interim chief
following Duncan's departure.
Earlier this year, the Mexican tycoon expressed interest in
increasing his investments in the oil sector.
This includes involvement in Talos' projects, following his
acquisition of a 49.9% stake in Talos Energy Mexico last year,
which provided him access to part of the offshore Zama oil
project.
Slim's firm, the largest shareholder of Talos Energy ( TALO ), has
increased its stake in the company to about 23.8%, up from the
previous 22.3%, according to LSEG data.