Based in Mexico, Femsa is a conglomerate with controlling interests in four entities: publicly traded Coca-Cola Femsa (47% economic interest and 56% voting interest), Femsa Comercio, logistics and distribution, and CB Equity. The latter has a roughly 15% stake in Heineken, while Comercio operates through three business units: proximity, which contains Oxxo, the largest small-format chain in the Americas, with convenience stores in Mexico and South America (including Brazil through a joint venture with Raizen); health, which operates pharmacies across a geographic footprint like Oxxo; and fuel, which operates retail service stations under franchisee arrangements in Mexico. Femsa is also building logistics services and specialized distribution in the United States.
Quote | Fomento Economic Mex Uts (OTCMKTS:FMXUF)
Last: | $10.90 |
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Change Percent: | -5.71% |
Open: | $11.5 |
Close: | $10.90 |
High: | $11.5 |
Low: | $10.9 |
Volume: | 5,346 |
Last Trade Date Time: | 07/29/2024 03:00:00 am |
News | Fomento Economic Mex Uts (OTCMKTS:FMXUF)
2024-07-24 18:14:06 ET Fomento Económico Mexicano, S.A.B. de C.V. (FMX) Q2 2024 Earnings Conference Call July 24, 2024 11:00 AM ET Company Participants Juan Fonseca - Vice President, Investor Relations Martín Arias - Chief Financial Officer Conference...
2024-05-02 06:25:00 ET Summary Broyhill Asset Management is a boutique investment firm guided by a disciplined value orientation. We operate outside of the fray and invest with a rational, objective, long-term perspective. This quarter, we had three top contributors (Fiserv, Avant...
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