Radar > 234792

Femsa could acquire group of service stations

Femsa podría adquirir conjunto de estaciones de servicios

Intel ID : 234792
Synopsis

Fomento Económico Mexicano (Femsa) (BMV:FEMSA), a Mexico-based beverage distribution and marketing company, may acquire a group of service stations following the issuing of a EUR 1bn bond, reported El Financiero on 16 March, 2016, citing Actinver Casa de Bolsa analyst, José Cervera González.

Cervera noted the bond issuing could be due to a potential acquisition of a group of service stations. He added the resources could also go towards advancing the payment of company acquisitions in Brazil made in 2013. Lastly, Cervera said the bond in euros could be used to launch the company's expansion in Europe, though he considers this unlikely.
(content in spanish)

Fomento Económico Mexicano (Femsa) (BMV:FEMSA), distribuidora y comercializadora mexicana de bebidas, podría llegar a adquirir un conjunto de estaciones de servicios tras la emisión de un bono de EUR 1.000m, ha publicado El Financiero el 16 de marzo de 2016, citando al analista de Actinver Casa de Bolsa, José Cervera González.

Cervera ha señalado que la emisión del bono podría deberse a una posible adquisición de un conjunto de estaciones de servicios. Ha añadido que los recursos también podrían utilizarse para adelantar el pago de adquisiciones de empresas brasileñas hechas en 2013. Por último, Cervera ha dicho que el bono en euros podría ser utilizado para comenzar la expansión de la empresa en Europa, aunque considera que es poco probable.

Intel ID 234792
Value ND
Native Currency Euro (EUR)
Financial Data - FEMSA (Fomento Económico Mexicano)
(31 Dec 2017)
Revenue: EUR 19.497,92m
EBITDA: EUR 2.604,65m
Exchange Rate:
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Subsector (Old TTR Sectors)
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Tags

Bidder

Name
potential
Subsector (Old TTR Sectors)
Services and Distribution / Food and Beverage (Primary)
Services and Distribution / Distribution and Retail
Primary Sector (TTRSC)
10.01.03 Distributors & Wholesalers (B2B)
10 Business Services / 10.01 Business & Professional Support Services

Secondary Sectors (TTRSC)
15.02.02 Bottling
15 Consumer Products & Services / 15.02 Beverages

15.05.08 Food & Beverage Retail
15 Consumer Products & Services / 15.05 Distribution & Retail

Country
Website
Description

Related Entity

Name
Subsector (Old TTR Sectors)
Services and Distribution / Consultancy, Audit and Engineering (Primary)
Primary Sector (TTRSC)
25.01.06 Financial Exchanges
25 Financial Services / 25.01 Banking & Investment

Country
Website
Description

Legend:

verified Verified: Confirmed as a party to an active or possible transaction.

potential Potential: Unconfirmed as a party to an active or possible transaction.

retained Retained: Confirmed as “Retained” with a general or specific mandate.

prospect Prospect: Advisory “Prospect” in discussions with or pitching services to possible client.

Transactional data is continuously updated by the research team and therefore is subject to change.