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Coca-Cola Femsa (KOF), the biggest soft-drinks bottler in Latin America, continues its expansion...

Coca-Cola Femsa (KOF), the biggest soft-drinks bottler in Latin America, continues its expansion by agreeing to acquire Brazil's Cia. Fluminense de Refrigerantes for $448M in cash. The deal clears the way for "the reconfiguration of the supply chain of our combined operations," says Coca-Cola Femsa CEO Carlos Salazar. The purchase is the latest in series of deals worth $4B that the company has made in the past couple of years. (PR)
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