logo
Share SHARE
FONT-SIZE Plus   Neg

Coca-Cola FEMSA, Grupo Yoli Announces Successful Merger - Quick Facts

Coca-Cola FEMSA, S.A.B. de C.V. (KOF) and Grupo Yoli, S.A. de C.V and its shareholders announced the successful merger of Grupo Yoli with Coca-Cola FEMSA.

The company said that as a result of the merger, Grupo Yoli's shareholders will receive about 42.4 million KOF series L shares.

Through this transaction, Coca-Cola FEMSA became the owner of an additional 10.14% stake in Promotora Industrial Azucarera, S.A. de C.V., a participant in the Mexican sugar industry.

Coca-Cola FEMSA will start integrating the results of Grupo Yoli as of June, 2013.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
Hampton Farms has voluntarily recalled Ava's brand organic cashews for potential Listeria contamination. The Organic Cashews Roasted & Salted 8 oz. tubs were distributed in New Jersey, New York, Pennsylvania and Connecticut. As per the recall statement, fewer than 225 units of this product were offered for retail sale. Maternity leave is a temporary period of absence from employment granted to expectant or new mothers during the months immediately before and after their pregnancy. Parental leave, including maternity, paternity and adoption leave, is an employee benefit. Many countries around the world, including... Texas, the second largest state in the U.S., has four of the five fastest-growing cities in the U.S., according to new population estimates released Thursday by the U.S. Census Bureau for the twelve months up to July 1, 2016. Ten of the fifteen fastest growing large U.S. cities during that 12-month span were in the South, according to the Census Bureau.
comments powered by Disqus
Follow RTT