- Barrons.com•2 days ago
Mexico-based beverage bottler Coca-Cola Femsa (KOF) said Friday that it would spend more than $1 billion to acquire Vonpar, one of Brazil's largest Coke bottlers, in a complementary but potentially ill-timed deal, Citigroup says. The market liked the move: shares of Coca-Cola Femsa, which is the largest public Coke-product bottler in the world based on sales, rose 2% Friday, bringing their increase this year to nearly 9%, while iShares MSCI Mexico Capped exchange-traded fund (EWW) fell 1.5% Friday. The Mexico ETF is down nearly 4% this year.
- Reuters•2 days ago
Coca-Cola Femsa, Latin America's largest Coke bottler, on Friday said it would buy Brazilian beverage company Vonpar in a cash, stock and debt deal valued at 3.5 billion reais ($1.09 billion). Shares of Coca-Cola Femsa rose sharply for the second day in a row, pushing the stock price to its highest in two months. Coca-Cola Femsa said in a statement that its Brazilian unit Spal will pay 1.73 billion reais to Vonpar's owners as well as another 688 million reais that will be converted into Coca-Cola Femsa shares.
- Marketwired•2 days ago
Coca-Cola FEMSA, S.A.B. de C.V. , the largest public bottler of Coca-Cola products in the world by sales volume, announces that its Brazilian subsidiary, Spal Industria Brasileira de Bebidas S.A. , has ...
Coca-Cola FEMSA S.A.B de C.V. (KOF)
NYSE - NYSE Real Time Price. Currency in USD
|Bid||76.92 x 200|
|Ask||76.98 x 100|
|Day's Range||75.94 - 78.00|
|52wk Range||61.17 - 87.58|
|1y Target Est||N/A|
Trade prices are not sourced from all markets
|P/E Ratio (ttm)||32.38|
|Avg Vol (3m)||70,239|
|Dividend & Yield||1.88 (2.44%)|