Key Developments: Arca Continental SAB de CV (EMBVF.PK)
7.76USD
23 May 2013
$-0.64 (-7.63%)
$8.40
$7.79
$7.79
$7.76
8,140
609
$8.40
$5.18
Latest Key Developments (Source: Significant Developments)
Arca Continental SAB de CV Declares Dividend
Arca Continental SAB de CV announced that at its Annual Shareholders’ Meeting, a dividend of MXN1.50 per share, totaling MXN2.416 billion was declared. Full Article
Arca Continental SAB de CV Announces Placement Of Bonds On Mexican Market
Arca Continental SAB de CV announced a placement of bonds (certificados bursatiles) on the Mexican market in two parts for the total amount of MXN 2,700 million. The bonds in the amount of MXN 1,700 million has the maturity of 10 years and a fixed rate of 5.88%, and the bonds in the amount of MXN 1,000 million has the maturity of five years and a rate of TIIE 28 plus 0.13%. Full Article
Arca Continental SAB de CV Completes Acquisition Of Wise Foods Inc
Arca Continental SAB de CV announced that, after having obtained the required regulatory approvals, it has completed the acquisition of Wise Foods Inc. Full Article
Arca Continental SAB de CV To Acquire Of Snack Food Companies Wise Foods
Arca Continental SAB de CV announced the acquisitions of snack food companies Wise Foods (Wise), headquartered in Pennsylvania, and Industrias Alimenticias Ecuatorianas ("Inalecsa") based in Ecuador. Terms of the transactions were not disclosed. Full Article
Arca Continental SAB de CV Announces Retirement of Its Chief Financial and Administrative Officer; Appoints New Chief Financial and Administrative Officer
Arca Continental SAB de CV announced that Dr. Adrian Wong Boren has decided to retire from his post of Chief Financial and Administrative Officer of the Company, effective on October 1, 2012. In order to replace Dr. Wong Boren, the Company has appointed Mr. Emilio Marcos Charur as its new Chief Financial and Administrative Officer. Full Article
Fitch Ratings Affirms Its Corporate Credit Ratings on Arca Continental SAB de CV
Arca Continental SAB de CV announced that Fitch Ratings has affirmed the Company’s long- and short-term corporate credit ratings on the Mexican national scale at AAA(mex) and F1+(mex), respectively. The outlook is stable. Full Article
Promotora Ambiental SAB de CV Sells Petstar SA de CV To Arca Continental SAB de CV
Promotora Ambiental SAB de CV announced that it has reached an agreement to sale its polyethylene recycling business unit, Petstar SA de CV, to Arca Continental SAB de CV, for an approximate amount of USD 60 million. Full Article
Fitch Ratings Affirms Its Credit Rating On Arca Continental SAB de CV
Arca Continental SAB de CV announced that Fitch Ratings has affirmed its long-term credit rating on the Company at AAA(MEX) on the national scale, and its short-term credit rating at F1+(MEX) on the national scale. The outlook is stable. Full Article
Arca Continental SAB de CV Announces Further Details On Payment Of Bonus Shares
Arca Continental SAB de CV announced that it will pay a total amount of MXN 3,891,593,554.78 in bonus shares, through the issuance of 336,493,915 new common shares, nominative and without a nominal value. Full Article
Arca Continental SAB de CV Announces Dividend And Bonus Shares Payment
Arca Continental SAB de CV, Embotelladoras Arca SA de CV, announced a dividend payment at a value of MXN 13.6 per share or 0.341 shares for one share held, effective as of August 10, 2011 against the coupon No. 7. Full Article
Mexican bottler Arca posts 11.3 percent rise in profit
MEXICO CITY - Mexican bottling firm Arca Continental , one of the world's biggest bottlers of Coca-Cola Co sodas, said first-quarter net profit rose 11.3 percent, boosted by efficiency gains and cost savings.
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