MEXICO: Pepsi-Gemex Files Request to Make Cash Tender Offer
By Company Press Release | 14 July 2000
Pepsi-Gemex, S.A. de C.V., (NYSE:GEM - news) has filed with the Mexican Securities and Banking Commission ("CNBV") a request to carry out a cash tender offer in Mexico for up to 100% of the shares of the capital stock of Embotelladores del Valle de Anahuac, S.A. de C.V. ("EMVASA"). Pepsi-Gemex expects to have the support of EMVASA's principle shareholders and has received the full support of PepsiCo, Inc.
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Pepsi-Gemex, S.A. de C.V., (NYSE:GEM - news) has filed with the Mexican Securities and Banking Commission ("CNBV") a request to carry out a cash tender offer in Mexico for up to 100% of the shares of the capital stock of Embotelladores del Valle de Anahuac, S.A. de C.V. ("EMVASA"). Pepsi-Gemex expects to have the support of EMVASA's principle shareholders and has received the full support of PepsiCo, Inc.
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