Fomento Economico Mexicano, S.A.B. de C.V. announced it has reached a definitive agreement with Mill Point Capital LLC to divest FEMSA's refrigeration and foodservice equipment operations, Imbera and Torrey, for a total amount of $8,000 million, on a cash-free, debt-free basis. This transaction represents an additional step in the continued execution of the FEMSA Forward plan that was communicated in February of 2023. The transaction is subject to regulatory approvals and other customary conditions, and is expected to close in the following months.
Fomento Económico Mexicano, S.A.B. de C.V.
Equities
FEMSA UBD
MXP320321310
Food Retail & Distribution
End-of-day quote
Other stock markets
|
5-day change | 1st Jan Change | ||
207.8 MXN | 0.00% | +1.87% | -5.99% |
07-17 | Fomento Economico Mexicano to Sell Refrigeration, Foodservice Equipment Operations | MT |
07-17 | Femsa to Sell Food Service Equipment Operations in $451.9 Million Deal | DJ |
EPS Revisions
1st Jan change | Capi. | |
---|---|---|
-5.99% | 36.9B | |
+23.27% | 39.23B | |
-2.95% | 29.92B | |
+5.85% | 19.35B | |
+9.50% | 15.79B | |
+37.99% | 14.07B | |
-15.06% | 13.45B | |
-.--% | 11.82B | |
-12.98% | 10.69B | |
-13.85% | 9.9B |
- Stock Market
- Equities
- FEMSA UBD Stock
- News Fomento Económico Mexicano, S.A.B. de C.V.
- FEMSA Announces Agreement with Mill Point Capital to Divest FEMSA?s Refrigeration and Foodservice Equipment Operations