(Corrects to $47 billion from $47 million, the remittances’ figure in paragraph 9) By Valentine Hilaire MEXICO CITY (Reuters) -Mexico’s Femsa, which controls one of the world’s largest Coca-Cola bottlers …
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By Kylie Madry MEXICO CITY (Reuters) – Mexican bottler and retailer FEMSA is banking on an expansion of Swiss kiosk operator Valora in upcoming quarters as well as a business-to-business …
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By Kylie Madry and Noe Torres MEXICO CITY (Reuters) – Mexican bottler and retailer Femsa posted a drop in third-quarter net profit on Friday to 10.75 billion pesos ($534.10 million), …
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Financial News
Mexico’s Coca-Cola FEMSA seals Campari distribution deal in Brazil
by Reutersby ReutersMEXICO CITY – Coca-Cola FEMSA has reached an agreement to distribute Campari Group products in Brazil, the Mexican bottling company said on Tuesday. Italy’s Campari, known for its alcoholic drinks …
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Financial News
Subsidiary of Mexico’s Femsa agrees to acquire U.S. distributor Sigma Supply
by Reutersby ReutersMEXICO CITY – Mexican bottler and retailer FEMSA announced on Tuesday its U.S. subsidiary Envoy Solutions reached an agreement to acquire the distributor Sigma Supply for an undisclosed amount. FEMSA …
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Financial News
Mexico’s Femsa eyes thousands more Oxxo stores across Latin America
by Reutersby ReutersBy Valentine Hilaire and Kylie Madry MEXICO CITY – Mexican bottler and retailer Femsa plans to increase the number of its Oxxo convenience stores by as much as 50% across …