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

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Coca-Cola FEMSA, S.A.B. de C.V. (KOF: Quote) 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.

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by RTT Staff Writer

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