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Stock Market & Financial Investment News

News Breaks
November 9, 2012
16:16 EDTFMXFEMSA enters drugstore business in Mexico
FEMSA announced that its retail subsidiary, FEMSA Comercio, has agreed to acquire a 75% stake in Farmacias YZA, a leading drugstore operator in Southeast Mexico, with the current shareholders staying as partners with the remaining 25%. Headquartered in Merida, Yucatan, Farmacias YZA currently operates 333 stores.
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