Transport Topics7d
Femsa Offloads Logistics Operations to Grupo Traxion
Mexican behemoth Fomento Economico Mexicano has agreed to sell logistics operations to Mexican trucking firm Grupo Traxion ...
Mexicana Femsa vende operaciones logísticas a Traxión
El gigante mexicano Fomento Económico Mexicano (Femsa) acordó vender sus operaciones logísticas a la empresa mexicana de ...
FEMSA announces agreement with TRAXIÓN to divest certain of FEMSA’s logistics operations
Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA” or the “Company”) (NYSE: FMX; BMV: FEMSAUBD, FEMSAUB) announced it has reached a definitive agreement with Grupo Traxión, S.A.B. de C.V (BMV: ...
Seeking Alpha21d
Grupo Traxion's Growth Model Has Clear Leverage Limits; The Stock Is A Hold
Grupo Traxion has grown significantly via acquisitions and high CAPEX, but its capital-hungry businesses force a trade-off between debt control and growth. The company operates in low-margin ...
FEMSA to Divest Some Operations in Mexico, On Track With Forward Plan
FEMSA has been doing well in the digital space through its tech and innovation unit, Digital@FEMSA. This unit aims at ...
Bloomberg L.P.8d
Mexico’s Femsa Offloads Logistics Operations to Trucker Traxion
Mexican behemoth Fomento Economico Mexicano has agreed to sell logistics operations to Mexican trucking firm Grupo Traxion for 4 billion pesos ($205 million) as the conglomerate continues to shed ...
Mexico's Femsa to Sell Logistics Assets to Transport Firm Traxion
The agreed sale for 4.06 billion pesos ($208 million), free of debt and cash, includes Femsa's transportation management operations in Mexico and contract logistics operations in Mexico, Colombia and ...