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)

From other sites
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs