Definitive agreement signed for femsa's acquisition of retail assets from delek us

Nashville, tenn--(business wire)--femsa (nyse:fmx) and delek us holdings, inc. (nyse:dk) (“delek”) have entered into a definitive agreement, whereby a subsidiary of femsa will acquire 100% of the equity interests in the delek subsidiaries that operate delek's retail business (“delek us retail”) for cash consideration of $385 million (the “transaction”), including the purchase of inventories. the transaction is anticipated to close sometime late in the third quarter or in the fourth quarter 2024.
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