COCA-COLA FEMSA SAB DE CV Mexico City, Mexico - May 4, 2017 - Coca-Cola FEMSA, S.A.B. de C.V. (BMV: KOFL; NYSE: KOF) ('Coca-Cola FEMSA' or the 'Company'), the largest public bottler of Coca-Cola products in the world by sales volume, announces that it has successfully merged with POA Eagle, S.A. de C.V., a Mexican company 100% owned by the sellers of Vonpar in Brazil, as per the announcement made on September 23, 2016.
As a result of this merger, POA Eagle, S.A. de C.V. shareholders will receive approximately 27.9 million newly issued KOF series L shares.
POA Eagle, S.A. de C.V. merged with net assets for an amount of $4,082 million Mexican Pesos.
Coca-Cola FEMSA, through its Brazilian subsidiary, Spal Indústria Brasileira de Bebidas, S.A., started consolidating the results of Vonpar in its financial statements as of December 2016.
Coca-Cola FEMSA SAB de CV published this content on 04 May 2017 and is solely responsible for the information contained herein.
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