Mexican bottling and retail and retail announced Monday that it signed an agreement for the repurchase of shares in the United States for an amount of 250 million dollars.
FEMSA said that the operation will be carried out through a derived financial instrument known as ASR that contemplates an initial delivery of 483,559 of its titles in New York on Tuesday, although it did not detail in a brief statement who is its counterpart in the transaction.
Lee: Wall Street remains stable after a note from note to EU
With Reuters information
Do you like to inform yourself for Google News? Follow our showcase to have the best stories