FEMSA Announces Agreement With TRAXIÓN To Divest Certain Of FEMSA's Logistics Operations; Total Consideration For This Transaction Will Be Of ~4.06 Billion Mexican Pesos, On A Cash-Free, Debt-Free Basis.
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FEMSA has agreed to divest certain logistics operations to Grupo Traxión for approximately 4.06 billion Mexican pesos. This move is part of FEMSA's strategic plan and is pending regulatory approval.
October 10, 2024 | 1:12 pm
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FEMSA is divesting certain logistics operations to Grupo Traxión for approximately 4.06 billion Mexican pesos. This is part of FEMSA's strategic plan, pending regulatory approval.
The divestment aligns with FEMSA's strategic plan, potentially improving focus and financials. The transaction's completion is subject to regulatory approval, which could impact the timeline.
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