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J & K Daily Newspaper Daily Excelsior

Posted By kainth56 on Mar 19, 2010   FROM: fundigg.blogspot.com report abuse

J & K Daily Newspaper Daily Excelsior.Mexican beverage company FEMSA plans to buy Coca-Cola bottling plants in Canada, the Mexican daily Excelsior reported on Monday, but analysts are not sure about its next international expansion move.

FEMSA -- owner of Coca-Cola FEMSA (KOFL.MX) (KOF.N), the world's second-biggest bottler of Coca-Cola Co (KO.N) beverages -- is selling its beer unit for a 20 percent stake in Dutch brewer Heineken NV (HEIN.AS) in a $5.7 billion, all-share deal due to close in the second quarter of 2010.

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