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66-672: It is wholly owned by the beverage company FEMSA ( Fomento Económico Mexicano ). Oxxo was founded in Monterrey in 1976. In the first stores, the only products sold were beer, snacks, and cigarettes. The success of the stores was such that the project kept growing and Oxxo built new locations rapidly, becoming ubiquitous in Mexican cities and towns. The first official Oxxo store was opened in 1979 in Monterrey. Oxxo stores then spread to Chihuahua , Hermosillo , and Nuevo Laredo . Throughout

132-578: A 75 percent controlling stake in convenience store Farmacias Yza. In May 2013, FEMSA announced the acquisition of another convenience store, Farmacias FM Moderna. In September 2015, FEMSA Comercio acquired a controlling stake in SOCOFAR. In December 2015, FEMSA, through FEMSA Comercio, acquired SOCOFAR, a Chilean drugstore company operating the Cruz Verde drugstore network in Chile and Colombia. SOCOFAR

198-579: A bye to the Round of 16. Liga MX would implement a formula for ensuring that the Apertura and Clausura had two qualifying teams should one or more teams reach the finals of both tournaments, devised when Liga MX sent 4 teams to North America's top club competition: With Liga MX sending a minimum of six teams to the Champions Cup (Liga MX can send a maximum of nine teams if three Liga MX teams all hold

264-583: A local league consisting of teams near and around Mexico City , was the first amateur football league created in Mexico, and also other regional leagues were created, which were the Liga Amateur de Veracruz , Liga Amateur de Puebla, Liga Occidental De Jalisco and the Liga Amateur del Bajío that had talented clubs. In 1922, after the foundation of the first football federation in Mexico, they created

330-821: A partnership deal between Oxxo and Caffenio. Oxxo first expanded overseas into Colombia when it opened its first store there in 2009. In February 2015, Oxxo opened its first convenience store in Lima , Peru . Oxxo acquired the Chilean convenience store chain Big John in mid-2016 and subsequently renamed all its stores to the Oxxo brand. In December 2020, the first Oxxo store in Brazil opened under FEMSA's joint venture with Brazilian energy company Raízen . On August 1, 2024, FEMSA announced plans to acquire 249 DK convenience stores in

396-611: A short-lived attempt that started back in 2014, with ambitions to open up to 900 stores over the next ten years. It resulted in two stores opening near the Mexico–United States border : in Eagle Pass, Texas as a “proof-of-concept” store, which has since closed, and Laredo, Texas , a location that opened in 2015 and is the sole remaining U.S. store still in operation. Fomento Econ%C3%B3mico Mexicano Fomento Económico Mexicano, S.A.B. de C.V. , doing business as FEMSA ,

462-534: A subsidiary of FEMSA, was established in 1978. In 2010, OXXO, a subsidiary of FEMSA Comercio, partnered with Heineken Mexico. OXXO's ten-year agreement with Heineken Mexico was renegotiated in early 2019. In 2013 the FEMSA group acquired an 80% holding in the Mexican arm of restaurant chain Gorditas Doña Tota for US$ 120 million, their interest being limited to operations within Mexico. Operations within

528-543: A team becomes the champion in both tournaments, it is automatically promoted. Prior to the start of the 2017–18 season , the rules for relegation and promotion changed: if a team wins promotion but does not meet certain Liga MX requirements (e.g. stadium infrastructure and a youth team) the relegated Liga MX team of that season will be obligated to pay the prize money to the Ascenso MX team ( MXN$ 120 million) for winning

594-684: A team was relegated, the team that was promoted could only negotiate with the company holding the television rights of the relegated team. This agreement was canceled by Liga MX in 2012 when the promotion of Club León caused a television rights dispute with Televisa. Currently, Club León matches are broadcast in Mexico by Fox Sports and other online media sites, and in the United States by Univision (Telemundo from 2013–16). Telelatino and Fox Sports World formerly hold broadcasting rights in Canada. From 2019–20 until 2021–22, OneSoccer broadcast

660-567: A unified professional football system in the country. The first true national and professional league in Mexico was established in 1943. The Federación Mexicana de Fútbol (FMF) announcement of the nation's first professional league brought interest from many clubs to join. The FMF announced that 10 clubs would form the Liga Mayor. The league was founded by six clubs from the Liga Mexicana de Football Amateur Association, two clubs from

726-594: Is a Mexican multinational beverage and retail company headquartered in Monterrey , Mexico . It operates the largest independent Coca-Cola bottling group in the world and the largest convenience store chain in Mexico. It is also a shareholder of Heineken N.V. FEMSA reported revenues of US$ 26.9 billion for 2019, making it the fifth largest company of Mexico. It has operations in Latin America mainly through bottling plants, convenience stores, drugstores, fuel stations, and third-party logistic services, and in

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792-509: Is decided by a final phase called "liguilla" . Since 2020, promotion and relegation has been suspended, which is to last until 2026. The league currently ranks first in CONCACAF's league ranking index. According to the IFFHS , Liga MX was ranked as the 10th strongest league in the first decade of the 21st century. According to CONCACAF, the league – with an average attendance of 25,557 during

858-754: Is subsequently divided into: Solistica is a third-party logistics provider for a number of industries, including pharmaceuticals, automotive, technology, and consumer goods. Solistica manages primary distribution for Coca-Cola FEMSA and Heineken and secondary distribution for FEMSA Comercio's Proximity Division. Imbera manufactures equipment for the soft drink, beer and food service industries, including coolers, food processing, storage and weighing equipment. Imbera has manufacturing plants in Mexico, Colombia, and Brazil. PTM provides solutions and develops "plastic transformation projects" tailored to FEMSA Enterprises and third-party clients in terms of materials handling, automobiles, and food/beverages. Their capacity includes

924-538: Is the anchor bottler of Coca-Cola and its related soft drink products in much of Latin America . The company is an important part of the Coca-Cola System . During 2019, the company produced and sold 11.1% of Coca-Cola's volume worldwide. This makes it the largest Coca-Cola bottler in the world. The company is owned 47.9% by FEMSA, 28.1% by The Coca-Cola Company and the remaining interest trades on

990-583: The 2014–15 season – draws the largest crowds on average of any football league in the Americas and the third largest crowds of any professional sports league in North America, behind only the NFL and MLB . It is also the fourth most attended football league in the world behind Germany's Bundesliga , England's Premier League and Spain's La Liga . Liga MX ranks second in terms of television viewership in

1056-413: The 2018–19 season , only six teams met the full requirements to be promoted to Liga MX, those teams being Atlético San Luis , Atlante , Celaya , Juárez , Sinaloa , and UdeG . On April 16, 2020, the Ascenso MX was folded due to the 2019-20 coronavirus pandemic as well as the lack of financial resources. Liga MX President Enrique Bonilla later announced during a video meeting with the club owners of

1122-817: The Apertura tournament . The league will, however, still need final approval from FIFA to fully implement the technology. Liga MX uses a single table of 18 teams that play two short tournaments (Apertura and Clausura) resulting in two champions per season. The season opens with the Apertura from July to December, followed by the Clausura from January to May. This format matches other Latin American schedules and corresponds with FIFA's world footballing calendar, which "opens" in July/August and "closes" in April/May of

1188-508: The Campeonato de Primera Fuerza , which was the first amateur league organized by a national football federation. It was held from 1922 to 1943, although most of the participating teams were from Mexico City and the first matches held outside the country's capital were played until the 1940–41 season. Many club owners were keen to remain amateur although they paid players under the table. The increasing interest in football would not thwart

1254-617: The Copa Libertadores . The 1970 World Cup held in Mexico was the first World Cup televised on a grand scale. The season following the FIFA World Cup, the FMF changed the league format and established a final phase to determine the national champion. This was done to regenerate interest and reward teams that placed fairly high in the standings. The final phase, called Liguilla , was played using various formats to determine

1320-728: The NYSE through ADRs since 1998. It is a constituent of the IPC , the main benchmark index of the Mexican Stock Exchange , and of the S&;P Latin America 40 , which includes leading, blue chip companies from Latin America . FEMSA originated from the Cervecería Cuauhtemoc brewery, which was established by Isaac Garza Garza in 1890. In 1909, Garza founded Vidriera Monterrey (now Vitro ) to produce bottles for

1386-690: The New York Stock Exchange and the Mexico City Stock Exchange . The company is headquartered in Monterrey . The company is the bottler of Coca-Cola in half of Mexico (including Mexico City, Oaxaca, Tabasco, Guanajuato, Querétaro, Veracruz, Puebla and Michoacan) the Buenos Aires region of Argentina , São Paulo and other areas of Brazil , greater Guatemala City , Guatemala , most of Colombia , and all of Costa Rica , Nicaragua , Panama , Venezuela and

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1452-585: The Pemex name. As of 2014, Oxxo was reported to have more than 15,000 stores across Mexico, making it the country's largest convenience store chain. In the same year, a partnership between Oxxo and Amazon was announced, involving Amazon accepting Oxxo's prepaid debit cards as a payment method, and Amazon gift cards being sold at Oxxo stores. The drive-through coffeehouse chain Caffenio sells andatti coffee (usually only found in Oxxo stores throughout Mexico) as

1518-835: The Philippines (until 2018). The company also distributes beer and bottled water in some of its territories. On 29 June 2011, was announced that FEMSA will merge to the bottling division of Grupo Tampico , agreeing to pay 9.3 billion pesos (790 million dollars ) in stock for the Coke bottling operations of Grupo Tampico. In September 2011, Coca-Cola FEMSA acquired Grupo Cimsa, a Coke bottler in Morelos, Mexico, Guerrero and Michoacan. FEMSA Negocios Estratégicos (formerly known as FEMSA Insumos Estratégicos) provides logistics, point-of-sale refrigeration solutions and plastics solutions to FEMSA's business units and third-party clients. It

1584-503: The U.S. states of Texas, New Mexico, and Arkansas from parent company Delek US Holdings, Inc. for $ 385 million. The acquisition was completed in October 2024. FEMSA has not revealed any immediate plans to rebrand the DK stores to Oxxo. However, the DK brand will remain for its fuel stations. Should the rebrand occur, this would be the second time the Oxxo brand will expand into the U.S. after

1650-570: The United States , where it participates in the jan-san distribution industry. It is well known in Mexico for its convenience store chain Oxxo , it previously owned Cuauhtémoc Moctezuma Brewery (exchanged in 2010 for a 20% stake in Heineken N.V. ), and for being the owner of C.F. Monterrey , a Liga MX football team. FEMSA has been listed on the Mexican Stock Exchange since 1978 and on

1716-644: The Cuauhtémoc brewery. The vertical strategic integration of Cervecería Cuauhtemoc began in 1936, with the establishment of Fábricas Monterrey, S.A. de C.V. for the production of bottle caps. Packaging operations expanded in 1957 with the production of labels and flexible packaging. During this period, FEMSA's operations were part of what became known as Grupo Monterrey ( lit. the Monterrey Group), which also included interests in banking, steel, and other packaging operations. In 1974, Grupo Monterrey

1782-494: The Liga MX during the 2024–25 season. 87,523 All Liga MX clubs have the right to sell their own broadcast rights . Televisa , TV Azteca , Imagen Televisión , Claro Sports, Fox Sports , and ESPN have broadcasting rights in México, while ESPN Deportes , Fox Deportes , Univision , and Telemundo have the rights in the United States, with FS1 / FS2 airing select matches with English commentary. In previous years, when

1848-410: The Liga MX trophy, and the runners-up is awarded a smaller version of the trophy. The start of La liguilla in 1970 modernized the league despite the disagreements between the traditionalists and the modernists. Clubs that were near bankruptcy were now better able to compete and generate profits. Originally at the end of a season, after the Apertura and Clausura tournaments, one team is relegated to

1914-550: The Liga Occidental, and two from the Liga Veracruzana. Throughout the late 1950s and early 1960s, many small clubs faced economic difficulties which were attributed to the lack of international competition by Mexico's clubs and an unrewarding league format. Consequently, teams from Mexico that placed high in the league standings could not afford to participate in the overarching continental competitions, such as

1980-665: The Netherlands. In May 2023, FEMSA sold €333 million in Heineken N.V. to the company. FEMSA will no longer hold any shares in Heineken N.V. and Heineken Holding N.V. other than the Heineken Holding N.V. shares underlying the exchangeable bond. FEMSA Comercio operates OXXO , the leading convenience store chain in Mexico and a growing portfolio of other small-format retail chains in Latin America. OXXO,

2046-528: The Saturday afternoon and evening matches broadcast by Televisa are shown primarily on Gala TV , though Saturday games played by Televisa's club America, are broadcast on Televisa's flagship network, Canal de las Estrellas . However, a blackout policy is usually applied in selected markets where affiliates are forced to air alternate programming during the matches, Sunday noon and afternoon games broadcast by Televisa are shown on Canal de las Estrellas . All of

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2112-442: The United States remain in the hands of the original business owners. The company operates as a subsidiary of Femsa Comercio S.A. de C.V. As of 2017 the company claims more than 200 restaurants in 60 Mexican cities and towns. Gorditas Doña Tota started in 1952 when Carlota Murillo of Ciudad Victoria, Tamaulipas began selling gorditas on the street, from a cart on the sidewalk. In November 2012, FEMSA announced it had purchased

2178-731: The United States, behind the English Premier League. América have won the league a record of 15 times, followed by Guadalajara with 12 titles, Toluca 10 titles and Cruz Azul 9 titles. In all, twenty-four teams have won the Liga Mayor/Primera División/Liga MX title at least once. Prior to the Liga Mayor , there was no national football league in Mexico, and football competitions were held within relatively small geographical regions. The Liga Mexicana de Football Amateur Association ,

2244-713: The United States. After the Clausura 2017 season, Azteca América sold the rights of the Atlas, Morelia, Tijuana, and Veracruz matches to Univision. The network then held the rights of 17 of the 18 clubs, only missing recently promoted Lobos BUAP . In September 2017, Univision began airing Lobos BUAP's home matches, thus holding the rights to all 18 Liga MX teams through the end of the Clausura 2018 season. In July 2017, Televisión Nacional de Chile (TVN) announced it would show Liga MX matches involving Chilean players in Chile. In October 2017, Fox Sports announced that it acquired

2310-506: The United States. The network also airs at least one home match of nine other clubs. Televisa also sublicenses one match per week to ESPN in Mexico and Central America. In Brazil, DAZN broadcast the league for two seasons 2019–20 and 2020–21. On 15 July 2021, OneFootball announced it would broadcast between two and five live matches as part of a deal covering the 2021/22 Liga MX season in selected international markets. On 16 August 2021, Eleven Sports announced it would broadcast

2376-759: The acquisition of a 50 percent stake in Raizen Conveniencias. In March 2020, FEMSA acquired a majority stake in WAXIE Sanitary Supply and North American Corporation, to form a new platform within the Jan-San, Packaging and Specialized distribution industry in the United States. In 2022, FEMSA acquired Swiss retail and food service holding company Valora , which operates multiple brands of convenience stores and quick service food outlets in Switzerland, Germany, Austria, Luxembourg, and

2442-403: The champions. The most common format was a straight knock-out between the top eight teams in the table. At other times the league was divided into groups with the top two in each group, often as well as the best 3rd placed teams, qualifying for the liguilla and in some seasons the playoff matches themselves involved teams playing in groups with the group winners playing off for the title. The format

2508-590: The different plastic manufacturing processes: blowing, injecting, heat forming, and extrusion. Liga MX Liga MX , officially known as Liga BBVA MX for sponsorship reasons, is the top professional football division of the Mexican football league system . Formerly called Liga Mayor (1943–1949) and then Primera División de México (1949–2012), it has 18 clubs and the season is divided into two short tournaments, Apertura from July to December and Clausura from January to May. The champions of each tournament

2574-591: The eighties, Oxxo gained fame in the cities where it was established. In 1998, the 1,000th store was opened. On July 6, 2010, the opening of the 9,000th store, in Oaxaca , was announced. With Mexico gradually liberalizing its oil and gas market since 2013, Oxxo has started to open gas stations as well. The first station opened in San Pedro Garza Garcia . In 2019, Oxxo Gas aimed to rebrand 49 additional stations, mostly in Monterrey, that were operating under

2640-405: The final game of every season on Sunday during prime time , regardless of whether the team used to play local games in another timeslot, in order to capture more television audience during the game. This also prevents most playoff collusion, where one or both teams already in the liguilla put in lesser effort to lose or draw, in order to draw a more favorable opponent. For the Apertura 2016, and

2706-415: The games broadcast by TV Azteca on Saturday and Sunday are shown on Azteca 13 ; Friday's matches however are shown on Azteca 7 . Tuesday, Wednesday and Thursday (known in Mexico as Fecha Doble or Double Date ) matches picked by the national networks are shown on Canal 5 and Azteca 7 and the rest of the matches air on Sky Sports and TDN . A recent rule, in effect since 2011, requires teams to play

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2772-407: The home Liga MX matches of C.D. Guadalajara for the 2021-22 season in more than 100 countries. Up until its rebranding in 2012, Liga MX did not have a title sponsor. In July 2013, league president Decio de María announced BBVA Bancomer as the official sponsor, with the goal of modernizing the league's image. De María also stated that the money generated from the sponsorship would be divided among

2838-553: The institutional holder possessing the most shares of FEMSA. On January 11, 2010, the Dutch brewing company Heineken International purchased FEMSA Cerveza ( Cervecería Cuauhtémoc Moctezuma ), the beer operations of FEMSA, in a stock swap that left FEMSA a 20% owner in the Heineken. In 2011, Coca-Cola FEMSA acquired regional Mexican Coke bottler Grupo Cimsa for 11 billion MXN (US$ 838 million). In July 2012, Coca-Cola FEMSA announced that it had purchased Lácteos Santa Clara, one of

2904-585: The largest dairy bottlers in Mexico. In August 2015, FEMSA, through its subsidiary FEMSA Comercio entered the drugstore business in South America by acquiring a majority interest in Socofar, a leading South American drugstore operator based in Santiago, Chile. In March 2017, FEMSA's Imbera division announced their shift to hydrocarbons in manufacturing their Coke beverage coolers. The company enacted

2970-466: The league for Canada viewers. Fox Sports is the only network that holds rights to broadcast selected matches in United States and South America. Additionally, Televisa-owned networks Sky Sports and TUDN hold exclusive broadcasting rights over selected matches throughout the regular season, although the majority of the most important ones are broadcast live on the national networks. The coverage also available for Central America viewers. Most of

3036-530: The league that promotion and relegation would be suspended for six years. During the suspension, the Ascenso MX was replaced with the Liga de Expansión MX although no club from that league will be promoted to Liga MX nor any Liga MX team that performs poorly will be relegated from the Liga MX for the time being. Each year, at least six teams from Liga MX qualify for the CONCACAF Champions Cup ,

3102-446: The long-term exclusive Spanish-language rights to Tijuana and Santos Laguna home matches in the United States, Mexico, and the rest of Latin America starting in the Apertura 2018 and Apertura 2019 respectively, thus ending Univision's monopoly. The matches air on Fox Sports in the United States (via Fox Deportes ) and the rest of Latin America (including Mexico and excluding Brazil). On May 26, 2018, Fox Sports announced it acquired

3168-466: The losing team has another chance facing the winning team between the 9th and 10th-placed. The winner of that match advances to complete the 8 teams for the quarterfinals. After this round, the team that advanced between 7th and 8th-placed then faces the winners of the last play-in match then faces the best team in the regular phase, while the 3 vs 6 and 4 vs 5 play in two more matchups, with the winner on aggregate score progressing. The champions were awarded

3234-522: The majority of the Clausura 2017, Guadalajara home matches in Mexico were not shown on over-the-air television or cable and satellite operators. Instead, they were exclusively shown on an internet streaming service called Chivas TV . As of April 8, 2017, the matches are shown on both Televisa's Televisa Deportes Network (TDN) and Chivas TV . On February 13, 2017, it was announced Univision Deportes would live stream 46 games in English on Facebook in

3300-617: The manufacturing shift in order to meet higher efficiency standards. In October 2017, FEMSA Logistica rebranded to Solistica. In early 2019, FEMSA, through its subsidiary FEMSA Comercio, acquired Ecuadorean company Corporacion GPF. In September 2019, FEMSA signed a deal to acquire a minority stake in Jetro Restaurant Depot. In November 2019, FEMSA Logistics subsidiary Solistica completed their acquisition of Brazilian company AGV. Also in November 2019, FEMSA Comercio closed

3366-416: The next lower division, Ascenso MX , and one team from that division is promoted and takes the place left open by the relegated team. Currently, the relegated team is determined by computing the points-per-game-played ratio for each team, considering all the games played by the team during the last three seasons (six tournaments). The team with the lowest ratio is relegated; if the team that is in last place in

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3432-399: The next year. The top 10 teams advance to the final phase for each tournament, with the top 6 teams in the table at the end of the regular phase of the tournament qualifying directly to the liguilla , and the next 4 teams qualifying for the play-in round that determines the next 2 liguilla spots. If one team is in last place in the league's relegation table (see below), that team is replaced by

3498-471: The premier North American club competition; Liga MX itself is guaranteed six spots while teams from the league can earn three more spots via the Leagues Cup with MLS for a maximum of nine spots. Generally, the Apertura and Clausura winners and runners-up, as well as the next best two teams in the aggregate table, qualify, with the higher ranking champion from the Apertura and Clausura tournaments earning

3564-429: The promotion playoff, which should be utilized to fulfill necessary requirements for promotion within the next season, and remain in Ascenso MX, and the relegated Liga MX team will remain in the first division. However, if the relegated Liga MX team cannot distribute the prize money to the promoted Ascenso MX team, both teams will lose their right to play in Liga MX and must play in Ascenso MX the following season. As of

3630-495: The relegation table is among the 12 teams qualifying for the Liguilla at the end of the Clausura tournament, the 13th place team qualifies for the liguilla instead. For teams recently promoted, only the games played since their promotion are considered (two or four tournaments). The team promoted from Ascenso MX is the winner of a two-leg match between the champions of the Apertura and Clausura tournaments of that division. If

3696-492: The remaining stake in SOCOFAR in January 2020. OXXO Gas is an affiliate of OXXO, and as of 2020 operates approximately 550 stations in 17 Mexican states. FEMSA owns 47.9% of the world's largest bottler of Coca-Cola by volume, Coca-Cola FEMSA, S.A. de C.V. ( NYSE :  KOF ), which operates in ten countries covering the metropolitan area of Mexico City, southeast Mexico, Central America, and South America. Coca-Cola FEMSA

3762-544: The rights of C.F. Monterrey 's home matches in the United States and Latin America. The network announced the matches would be shown in the United States on Fox Deportes in Spanish as well as the Fox Sports family of networks in English. As of the Apertura 2019 season, via a sublicense agreement with Univision, ESPN Deportes airs the majority of León, Necaxa, Pachuca, Querétaro, and UANL regular season home matches in

3828-512: The start of the 2012–13 season , the organization Liga MX/Ascenso MX was created to replace the FMF as the organizing body of the competition. The league also announced a rebranding, with the introduction of a new logo. On 20 August 2018, it was announced that Liga MX would begin testing the use of VAR technology. The initial test run will be conducted during under-20 matches played inside senior league stadiums, with live testing across senior Liga MX matches to take place during weeks 13 and 14 of

3894-433: The team that finished 11th in the tournament. From 1996 to 2002, the league followed a two short tournaments in the season, schedule with Invierno and Verano tournaments. From 2002 to 2011 the 18 teams were divided into three groups of six with the top two teams from each group and the two best third place teams qualified for the liguilla . The teams played in the same group for each tournament. The qualification phase of

3960-554: The top three spots in Leagues Cup), these rules still generally apply, although if a team qualifies for the Champions Cup via Liga MX and the Leagues Cup, the spot is given to the next best team in the aggregate table. If a team is the highest ranked tournament champions and also wins the Leagues Cup for that same cycle, both the Apertura and Clausura champions qualify for the round of 16. The following 18 clubs will compete in

4026-410: The tournament lasted 17 weeks, with all teams playing each other once per tournament in a home and away series over both tournaments. The liguilla is the final phase of the tournament, consisting of 10 teams. This phase starts with the play-in round, with teams ranked 7-10 playing a single match hosted by the higher seed, the winning team between the 7th and 8th-placed advances to the quarterfinals and

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4092-433: Was acquired in 2007. On December 20, 2007, Cascade Investments LLC , whose main partner is Bill Gates , announced it would invest $ 390 million in FEMSA. The Reuters news agency stated that after this investment, "Gates owns a 1.2 percent stake in Femsa's Series B shares, a 5 percent stake in Series D-B shares, and a 5 percent stake in Series D-L shares." This investment caused the Bill and Melinda Gates' foundation to become

4158-411: Was changed from season to season to accommodate international club commitments and the schedule of the Mexico national team. The change in the rules affected teams that traditionally dominated the table, as talented teams that had not performed well in the regular season were able to perform successfully in the final phase (Cruz Azul in the 1970s, América in the 1980s, and Toluca in the 2000s). Prior to

4224-412: Was divided into two branches by the descendants of the founding families of Cervecería Cuauhtémoc . The steel and packaging operations gave rise to the creation of Corporación Siderúrgica S.A. (later consolidated into Grupo ALFA ), which would be controlled by the Garza Sada family, and the beverage and banking operations led to the creation of FEMSA, whose control fell to the Garza Lagüera family. FEMSA

4290-427: Was founded in the 1980s and is the largest drugstore chain in Chile, a strong presence in Colombia. In September 2018, FEMSA, through FEMSA Comercio, announced the acquisition of Ecuadorian drugstore chains Fybeca and SanaSana. In May 2019, FEMSA Comercio completed its acquisition of Fybeca. FEMSA Comercio announced in December 2019 plans to acquire the remaining 40 percent minority stake of SOCOFAR. FEMSA acquired

4356-575: Was listed on the Mexican Stock Exchange on September 19, 1978. In 1985, Cuauhtémoc merged with Moctezuma to form Cervecería Cuauhtémoc Moctezuma. FEMSA then undertook an extensive corporate and financial restructuring that was completed in December 1988. In 1993, Coca-Cola purchased a 30 percent stake in FEMSA, creating the Coca-Cola FEMSA division. In January 2006, FEMSA Cerveza acquired Kaiser Cervejarias from Molson Coors Brewing Co. On December 19, 2006, Coca-Cola FEMSA announced its attempt to buy out Mexican juice producer Jugos del Valle . It

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