Edition:
United States

Grupo Bimbo SAB de CV (BIMBOA.MX)

BIMBOA.MX on Mexico Stock Exchange

44.17MXN
21 Nov 2017
Change (% chg)

$-0.11 (-0.25%)
Prev Close
$44.28
Open
$43.80
Day's High
$44.40
Day's Low
$43.77
Volume
2,142,625
Avg. Vol
1,956,057
52-wk High
$49.50
52-wk Low
$41.96

Latest Key Developments (Source: Significant Developments)

Fitch: Bimbo's Ratings Unchanged by Acquisition of East Balt Bakeries

(The following statement was released by the rating agency) MONTERREY, July 21 (Fitch) In Fitch Ratings' opinion, the announcement of an agreement to acquire East Balt Bakeries by Grupo Bimbo, S.A.B. de C.V. (Bimbo) has no rating impact as it will not materially affect the company's financial position and will slightly improve its diversification. The transaction is valued at USD650 million and will be financed with proceeds from its current committed long-term revolving credit facility. Fitch v