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MONTERREY, Mexico and MUTTENZ, Switzerland, Sept. 15, 2022 (GLOBE NEWSWIRE) -- Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA”; BMV: FEMSAUBD.MX; FEMSAUB.MX; NYSE: FMX) today published the definitive interim result of its public tender offer (“Offer”) by...
MONTERREY, Mexico and MUTTENZ, Switzerland, Sept. 12, 2022 (GLOBE NEWSWIRE) -- Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA”; BMV: FEMSAUBD.MX; FEMSAUB.MX; NYSE: FMX) today published the provisional interim result of its public tender offer (“Offer”) b...
Summary Mexico has lower inflation at the cost of austerity, but a consumer staple-dependent EWW ETF is better exposed than most to worse spending conditions. Implicit dollarization of the Mexican Peso protects American investors from excessive FX risk. The economy depends on ...
FEMSA will acquire European food convenience operator Valora Holding AG for a ~$1.2bn valuation. The purchase price is well-covered by its balance sheet, adding a solid foundation for future European expansion at a reasonable price. The stock has sold off post-announcement, offeri...
Fomento Económico Mexicano, S.A.B. de C.V. (FMX) Q2 2022 Results Conference Call July 28, 2022 10:00 AM ET Company Participants Juan Fonsec - Director of Investor Relations Daniel Rodriguez - CEO Eugenio Garza - CFO Jorge Collazo - Coke Investor Relation...
MONTERREY, Mexico, July 28, 2022 (GLOBE NEWSWIRE) -- Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA”) (NYSE: FMX; BMV: FEMSAUBD, FEMSAUB) announced today its operational and financial results for the second quarter of 2022. FEMSA: Total Consolidated Re...
MONTERREY, Mexico and MUTTENZ, Switzerland, July 26, 2022 (GLOBE NEWSWIRE) -- Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA”; BMV: FEMSAUBD.MX; FEMSAUB.MX; NYSE: FMX) today published the Offer Prospectus for a public tender offer (“Offer”) by FEMSA ...
MONTERREY, Mexico, July 08, 2022 (GLOBE NEWSWIRE) -- Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA” or the “Company”) (NYSE: FMX; BMV: FEMSAUBD, FEMSAUB) is pleased to invite you to participate in its Second Quarter 2022 Conference Call that will be hel...
Fomento Económico Mexicano, S.A.B. de C.V. (FEMSA), a leading retail and beverage company with total sales of more than USD 27 billion / CHF 26.5 billion in 2021, today announced an all-cash offer to purchase all of the publicly held shares of Valora Holding AG (Valora) for CHF 260...
Macro considerations can dominate the success of an investment in Latin America, particularly the dollar cycle. The US dollar is presently quite strong, has been in a bull market since 2008, could become even stronger given recent Federal Reserve actions. Despite current dollar st...
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MONTERREY, Mexico, July 24, 2024 (GLOBE NEWSWIRE) -- Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA”) (NYSE: FMX; BMV: FEMSAUBD, FEMSAUB) announced today its operational and financial results for the second quarter of 2024. FEMSA: Total Consolidated Revenu...
MONTERREY, Mexico, July 17, 2024 (GLOBE NEWSWIRE) -- Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA” or the “Company”) (NYSE: FMX; BMV: FEMSAUBD, FEMSAUB) announced it has reached a definitive agreement with Mill Point Capital LLC, a leading private equity fir...
FEMSA ANNOUNCES EARLY TENDER RESULTS AND ACCEPTANCE OF NOTES FOR ITS PREVIOUSLY ANNOUNCED TENDER OFFER PR Newswire MONTERREY, Mexico , June 17, 2024 /PRNewswire/ -- FOMENTO ECONÓMICO MEXICANO, S.A.B. DE C.V. (" FEMSA ") (NYSE: FMX; BMV: FEMSAUBD, FEM...