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Saban pitched sale of Univision to Carlos Slim

June 17, 2014 by Veronica Villafañe

Haim Saban and Carlos Slim
Billionaires Haim Saban (left) and Carlos Slim.

Univision’s Executive Chairman Haim Saban has talked to billionaire investor Carlos Slim Helú about the possibility of buying the Spanish-language network, according to a New York Post story.

Slim, one of the wealthiest men in the world, worth $68 billion, would have no trouble buying Univision in one fell swoop. But even though Saban approached Slim about the sale, a source told the Post the billionaire wasn’t interested.

Slim has several media holdings. In the U.S., he invested in the New York Times Company. In 2008, Slim bought 9.1 million shares of the NYT – an equivalent of 6.4% of the company, worth $127 million and added another 553,000 shares to his portfolio 3 years later.

Late last week, the Wall Street Journal reported Saban has been in talks to sell Univision for more than $20 billion.

Filed Under: TV & Radio Tagged With: Carlos Slim, Univision

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Veronica Villafañe, Editor & Publisher

Emmy award-winning journalist and former president of the National Association of Hispanic Journalists (NAHJ). Currently a reporter for Voice of America, she has worked as an on-air reporter, anchor, writer and producer for Spanish and English-language TV, print and online media, including Univision, Telemundo, Fox 11 News in L.A. and the San Jose Mercury News.

Hispanic media and entertainment contributor to Forbes.

Full bio here
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Veronica Villafañe, Editor & Publisher

Emmy award-winning journalist and former president of the National Association of Hispanic Journalists (NAHJ). Currently a reporter for Voice of America, she has worked as an on-air reporter, anchor, writer and producer for Spanish and English-language TV, print and online media, including Univision, Telemundo, Fox 11 News in L.A. and the San Jose Mercury News.

Hispanic media and entertainment contributor to Forbes.

Full bio here
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