26 | MAR | 2019
(Photo: Archive/El Universal)

Grocery chain Soriana launches final Comercial Mexicana offer

08/12/2015
13:04
-A +A
Mexican supermarket chain Soriana on Monday launched its offer to buy rival Comercial Mexicana at a price of 32.6124 pesos per share.

Mexican supermarket chain Soriana on Monday launched its offer to buy rival Comercial Mexicana at a price of 32.6124 pesos per share, as part of a deal first announced in January.

The offer, for up to 35.417 billion pesos (US$2.10 billion), is slightly lower than the original price as the competition regulator Cofece said they could not purchase some of the stores.

 

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