Alsea’s Axo Acquisition Confuses

Alsea’s Axo Acquisition Confuses

Mexico M&A

Mexican fast food operator Alsea will buy a 25% stake in retailer Grupo Axo, but the company has not released any financial details about the transaction. The lack of details on the purchase price and margins of the business being acquired, as well as the fact that Axo operates in a different area to Alsea, create uncertainty around the move, says Banorte-Ixe analyst Marisol Huerta. But the transaction could end up being positive for the company in the long run, she added. Another Alsea analyst

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