The Online Investor
Daily M&A
Contrarian Outlook
Stock Option Ideas
Preferred Stock Newsletter
ChartZero.com
ChartZero
Beverages & Wineries M&A image Beverages & Wineries M&A » By The Online Investor Staff, updated Fri., Aug. 7, 4:33 PM Recent mergers and acquisitions in the Beverages & Wineries M&A category.

Slide #17. Fomento Econmico Mexicano, S.A.B. de C.V. FEMSA Comercio

Acquirer: Fomento Econmico Mexicano, S.A.B. de C.V. (NYSE:FMX)
Acquiree: FEMSA Comercio
Details: Fomento Econmico Mexicano, S.A.B. de C.V. ("FEMSA") (NYSE: FMX) (BMV: FEMSAUBD) (BMV: FEMSAUB) announced today that its retail subsidiary, FEMSA Comercio, has closed the acquisition of a 75% stake in Farmacias YZA after obtaining all regulatory approvals.

Fomento Economico Mexicano participates in the following businesses: in the beverage industry, via Coca-Cola FEMSA, S.A.B. de C.V., the franchise bottler of Coca-Cola products; in the retail industry, through FEMSA Comercio, S.A. de C.V, comprising of the Proximity Division, operating the OXXO small-format store chain, the Fuel Division, operating the OXXO GAS chain of retail service stations and the Health Division, which includes drugstores and related operations; in the beer industry, through the Heineken Investment; and in other ancillary businesses, through its Other Businesses, including logistics services, point-of-sale refrigeration, food processing equipment and plastics solutions.

Open the FMX Page at The Online Investor »

Company Name:  Fomento Economico Mexicano, S.A.B. de C.V.
Website:  www.femsa.com
Sector:  Beverages & Wineries
 

Open the FMX Page at The Online Investor (in a new window) »

August 7, 2020    4:33 PM Eastern
Quotes delayed 20 minutes



Buy (3.10 out of 4)
100th percentile
(ranked higher than approx. 100% of all stocks covered)
Based on Zacks ABR data;
powered by Xignite

Beverages & Wineries M&A - Slide 17 of 23 | www.TheOnlineInvestor.com | Copyright © 1998 - 2020, All Rights Reserved

Nothing in The Online Investor is intended to be investment advice, nor does it represent the opinion of, counsel from, or recommendations by BNK Invest Inc. or any of its affiliates, subsidiaries or partners. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. By visiting, using or viewing this site, you agree to the following Full Disclaimer & Terms of Use and Privacy Policy. Video widget and stock market videos powered by Market News Video. Quote data delayed at least 20 minutes, powered by Ticker Technologies, and Mergent. Contact The Online Investor; Meet Our Editorial Staff.