MEXICO: Pepsi-Gemex Completes Tender Offer of EMVASA
By Company Press Release | 7 September 2000
Pepsi Gemex announced today that Dunigras Holding B.V, an indirect subsidiary of Pepsi-Gemex, S.A. de C.V., has completed its previously announced tender offer and paid shareholders of Embotelladores del Valle de Anahuac, S.A. de C.V. ("EMVASA") Ps. 724,930,266.24 for the purchase of 120,940,636 shares, representing 96.86% of the paid in capital of the company. Due to this transaction, EMVASA is now an indirect subsidiary of Pepsi-Gemex, S.A. de C.V. As described in the tender notice and prospectus both dated August 16, 2000, the delisting of the shares issued by EMVASA, in the Securities Section of the National Registry of Securities and Intermediaries of the National Banking and Securities Commission will be requested shortly.
just-drinks articles are only available to registered users and members.
Join now for increased access
There are various access options to choose from. All provide instant access to the latest news, insight and expert analysis.
If you’re already a member, login here.

Pepsi Gemex announced today that Dunigras Holding B.V, an indirect subsidiary of Pepsi-Gemex, S.A. de C.V., has completed its previously announced tender offer and paid shareholders of Embotelladores del Valle de Anahuac, S.A. de C.V. ("EMVASA") Ps. 724,930,266.24 for the purchase of 120,940,636 shares, representing 96.86% of the paid in capital of the company. Due to this transaction, EMVASA is now an indirect subsidiary of Pepsi-Gemex, S.A. de C.V. As described in the tender notice and prospectus both dated August 16, 2000, the delisting of the shares issued by EMVASA, in the Securities Section of the National Registry of Securities and Intermediaries of the National Banking and Securities Commission will be requested shortly.

- Unlimited access to all the latest global beverage news and insight
- Expert analysis that puts the news into context
- Exclusive interviews with leading industry figures
- Monthly management briefings with detailed analysis on hot topics
- Personalised RSS feeds and email newsletters
- 10-year archive of news, insight and intelligence
- Discounts on just-drinks market research
- Plus much more
If you’re already a member, login here
More articles related to this one
Pepsi challenge shows no sign of faltering
In the battle of the giants, PepsiCo has stolen a march on Coca-Cola over the last year or so and its performance in the first half of the current fiscal year suggests it is still has the upper hand. Chris Brook-Carter analyses PepsiCo's recently published second-quarter results and looks ahead to the rest of the year.
US: Pepsi hands ex-exec US$4.5m package
A departing PepsiCo executive is to be handed a US$4.56m package spread over the next two years for his consultancy services.
US: Pepsi Bottling to acquire Pepsi Charlotte
The Pepsi Bottling Group has signed a letter of intent to acquire Pepsi-Cola Bottling Company of Charlotte (Pepsi Charlotte) for an undisclosed sum.












