FEMSA completes divestiture of its refrigeration and foodservice equipment operations to Mill Point Capital
Fomento Economico Mexicano S.A.B. de C.V. (FMX)
Last fomento economico mexicano s.a.b. de c.v. earnings: 10/26 05:05 pm
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ir.femsa.com
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Source: GlobeNewswire
MONTERREY, Mexico, Nov. 04, 2024 (GLOBE NEWSWIRE) -- Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA” or the “Company”) (NYSE: FMX; BMV: FEMSAUBD, FEMSAUB) announced today the successful closing of its previously disclosed divestiture on July 17, 2024, with Mill Point Capital LLC, of its refrigeration and foodservice equipment operations, Imbera and Torrey, for a total amount of $8,000 million pesos, on a cash-free, debt-free basis. About FEMSAFEMSA is a company that creates economic and social value through companies and institutions and strives to be the best employer and neighbor to the communities in which it operates. It participates in the retail industry through a Proximity Americas Division operating OXXO, a small-format store chain, and other related retail formats, and Proximity Europe which includes Valora, our European retail unit which operates convenience and foodvenience formats. In the retail industry it also participates though a Health Division, which include
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News
- FEMSA Schedules Conference Call to Discuss Fourth Quarter and Full Year 2024 Financial ResultsGlobeNewswire
- Fomento Económico Mexicano, S.A.B. de C.V. (NYSE: FMX) had its price target lowered by analysts at The Goldman Sachs Group, Inc. from $109.00 to $97.80. They now have a "buy" rating on the stock.MarketBeat
- Fomento Económico Mexicano, S.A.B. de C.V. (NYSE: FMX) was downgraded by analysts at Barclays PLC from an "overweight" rating to an "equal weight" rating.MarketBeat
- FEMSA completes divestiture of its plastics solutions operations to AMMI, affiliate of Milenio CapitalGlobeNewswire
- New Strong Sell Stocks for November 18th [Yahoo! Finance]Yahoo! Finance
FMX
Sec Filings
- 2/12/25 - Form SCHEDULE
- 1/3/25 - Form 6-K
- FMX's page on the SEC website