Mexico

BMI Believes that the world's largest brewer Anheuser-Busch InBev (ABI) could be set to launch a bid for Mexico-based Grupo Modelo after winning a two-year arbitration case against... 2010-07-13

As previously predicted by BMI the seizure of assets belonging to Gruma by the Venezuelan government looks set to be made permanent after the socialist government issued a decree solidifying... 2010-05-21

Mexico-based beer producer FEMSA Cerveza has posted net sales growth of 4% for the first three months of 2010. The business, which on April 30 2010 was formerly acquired by Heineken,... 2010-05-10

Mexico-based Femsa has signed a deal with Spanish Bank BBVA to broaden the range of financial products it offers through its Oxxo chain of convenience stores. The move comes shortly... 2010-04-14

Mexican mass grocery retailer Grupo Comercial Chedraui has announced plans to raise money through an initial public offering (IPO). Chedraui plans to sell a stake of between 14% and... 2010-04-13

Mexico's largest retailer, Wal-Mart de Mexico (Walmex), has reported a 4.4% increase in same-store sales for Q110. This is an improvement on the overall figure for 2009, when same-store... 2010-04-09

International convenience store operator 7-Eleven has announced its US and Mexican units will work together to develop private label foods that appeal to Hispanic consumers. The new... 2010-03-24

According to Mexican newspaper Excelsior, Coca-Cola bottler Femsa is planning to buy the Canadian bottling operations recently sold by Coca-Cola Enterprises (CCE) to The Coca-Cola... 2010-03-09

Mexican bread maker Grupo Bimbo has reported rising sales and earnings for Q409 on the back of acquisitions. In the three months ending in December 2009, Bimbo's net sales were up... 2010-03-04

Mexican brewer Grupo Modelo has registered an increase in sales and profits for the fourth quarter of 2009. In the three months to the end of December, Modelo's revenues climbed by... 2010-02-22