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FEMSA Announces Pricing of its Global Equity Offering.

Publication: PR Newswire
Publication Date: 26-MAY-05
Format: Online
Delivery: Immediate Online Access

Article Excerpt
MONTERREY, Mexico, May 25 /PRNewswire-FirstCall/ -- Fomento Economico Mexicano, S.A. de C.V. ("FEMSA") (BMV: FEMSA UBD) (BMV: FEMSA UB) today announced that it has priced its global public offering of 70,000,000 BD Units at a price of US$ 53.25 per American Depositary Share (ADS) or Ps. 58.24 per BD Unit.

Concurrently with the global offering, FEMSA is offering up to an aggregate of 45,895,650 of its B Units in Mexico at the equivalent of the public offering price per BD Unit. Each B Unit consists of five Series B Shares, each without...

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