UPDATE 3-Mexico's Desc to boost capital, Slim may step in

Newswire

(Adds earnings results paragraphs 6, 15-17) By Cyntia Barrera Diaz MEXICO CITY, Feb 17 (Reuters)- Mexican holding company Desc said on Tuesday it will offer shareholders more stock as part of a restructuring plan to cut debt in a deal that could see magnate Carlos Slim buy a stake in the company. Desc, a maker of autoparts, chemicals and consumer goods, said it plans to boost its capital by about $248 million by issuing about 913 million shares of common stock. It said the proposed ...

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