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Femsa Closes Definitive Agreement to Control 100% of Oxxo Brazil
Summary by revistafortuna.com.mx
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Reading time approx.: 1 minutes, 50 secondsThe objective is to build a scalable and profitable business in the main economy of Latin America, focusing on an "accelerated expansion of the store base" through a format that meets the needs of consumers in that country. "Oxxo Brasil is a strategic priority within the retail business strategy of FEMSA," said Mexican Economic Development conglomerate S.A.B. de C.V. (FEMSA) announced on Thursday that i…
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