OXXO acquisition of OK Market approved

Date : 08 December 2021

Oliver Butterworth

Senior Retail Analyst

In October 2020, FEMSA Comercio, which operates the OXXO chain of stores in Latin America, announced it had reached an agreement to acquire OK Market from SMU (Chile’s third largest retailer). The deal, which was reported to be worth close to US$55m, was subject to regulatory approval and has…
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