Ian Craig to succeed John Santa María as CEO of Coca-Cola FEMSAConstantino Spas to succeed Alfonso Garza as CEO of FEMSA Strategic Businesses MONTERREY, Mexico and MEXICO CITY, Oct. 13, 2022 (GLOBE NEWSWIRE) -- Fomento Económico Mexicano, S.A.B. de C.V. ("FEMSA") (NYSE:FMX, BMV:FEMSAUBD, FEMSAUB))) and Coca-Cola FEMSA, S.A.B. de C.V. ("Coca-Cola FEMSA") (NYSE:KOF, BMV:KOF), announced today that in accordance with their careful and deliberate senior leadership succession planning processes, and consistent with previously established timeframes, John Santa Maria Otazua will retire from his position as Coca-Cola FEMSA's Chief Executive Officer on January 1, 2023. Accordingly, Coca-Cola FEMSA

MEXICO CITY, Sept. 9, 2022 /PRNewswire/ -- Coca-Cola FEMSA, S.A.B. de C.V. (NYSE:KOF) ("KOF") today announced the total consideration and acceptance for its previously announced offers to purchase for cash KOF's notes of the series set forth in the table below (all such notes, the "Notes" and each such series, a "series" of Notes), for an aggregate purchase price, excluding accrued interest and additional amounts, if any (the "Aggregate Purchase Price"), of up to US$250 million (the "Tender Cap"), subject to the acceptance priority procedures and proration described in the Offer to Purchase (as defined below) from each registered holder of the Notes (each a "Holder" and, collectively, the "H

MEXICO CITY, Sept. 9, 2022 /PRNewswire/ -- Coca-Cola FEMSA, S.A.B. de C.V. (NYSE:KOF) ("KOF") today announced the early tender results for its previously announced offers to purchase for cash KOF's notes of the series set forth in the table below (all such notes, the "Notes" and each such series, a "series" of Notes), for an aggregate purchase price, excluding accrued interest and additional amounts, if any, of up to US$250 million, from each registered holder of the Notes (each a "Holder" and, collectively, the "Holders").  We refer to our offer to purchase each series of Notes as an "Offer" and collectively as the "Offers." The Offers are being made pursuant to the terms and subject to the

Citigroup upgraded Coca-Cola FEMSA from Neutral to Buy and set a new price target of $102.00 from $93.00 previously

Goldman upgraded Coca-Cola FEMSA from Neutral to Buy

Scotiabank upgraded Coca-Cola FEMSA from Sector Perform to Sector Outperform

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