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Provider: Thomson Reuters StreetEvents

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Alsea SAB de CV To Buy Wal Mart de Mexico SAB de CV's Restaurant Chain-Reuters

Tuesday, 10 Sep 2013 04:35pm EDT 

Reuters reported that Alsea SAB de CV said it will pay $626.96 million (MXN8.2 billion ) for Wal-Mart de Mexico SAB de CV's restaurant unit. Alsea is buying Walmex's 362 restaurants, including the Vips chain which sells Mexican breakfasts and dinners as well as hotcakes and cheeseburgers in a format similar to a U.S. diner. 

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