Mexico

Wal-Mart’s Mexican Arm Makes Loureiro New CEO

Walmex, Wal-Mart’s subsidiary for Mexico, has hired Guilherme Loureiro as its new CEO, who will begin in his new position on February 1 2016, Reuters...

Wal-Mart Mexico Soars While Parent Company Struggles in the U.S.

Wal-Mart Stores’ U.S. chain is still mired in a sales slump, but the retailer’s Mexican business is a star south of the border. Wal-Mart de...

Coca-Cola Bottler’s Brazil Bet Upended by Real, Economic Turmoil

Mexican bottler Coca-Cola Femsa SAB’s foray into Brazil is backfiring for bondholders. The company stepped up acquisitions in Latin America’...

Mexico Food Makers Crush Competition Behind Healthy Debt Levels

Mexico’s largest food producers are outperforming regional competitors as a slumping peso boosts profit margins. Mexico’s largest tortilla,...

Coca-Cola Femsa’s M&A Duel With Arca Seen Moving Ahead to Chile

Mexico’s Coca-Cola Femsa SAB and Arca Continental SAB spent the last decade competing to buy up Coke bottlers across Latin America. Now they’re...

Walmex Drops Most Since 2012 After JPMorgan Says Earnings ‘Dim’

Wal-Mart de Mexico SAB, the nation’s biggest retailer, fell the most in almost three years on the Mexico City exchange after JPMorgan Chase &...

Mexico’s Bimbo Pays €190m for Panrico

Mexican bakeries company Grupo Bimbo announced a final agreement to acquire 100% of the shares of Panrico, excluding the branded packaged bread category, f...

Bimbo Group to Acquire Panrico in Spain and Portugal

Mexico-based baking company Bimbo Group has announced a preliminary agreement to acquire Panrico in Spain and Portugal. The transaction includes 100% of...

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