As a result of this transaction, FEMSA retained the OXXO stores in Brazil, as well as the distribution center located in Cajamar, São Paulo. The remaining assets and liabilities of Grupo Nós have been ...
MEXICO CITY--Mexican retail and beverages company Fomento Economico Mexicano, or Femsa, on Thursday said it has reached an agreement with Brazil's Raizen to dissolve their joint venture, with both ...
Shares of Raizen, Brazil’s largest sugar-cane processor, have slumped 56% this year. Smaller rivals Jalles Machado SA and Sao Martinho have lost 42% and 37%, respectively. Sugar-cane processors have ...
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