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Screen Shot 2023 02 16 at 7.21.45 PMFearful FEMSA
to spinoff Envoy?

Seeks sale to minimize
debt & integration costs?

the $27Bn Mexican based convenience store & fuel station chain (Oxxo) that acquired Waxie-NAmerican jansan dealer network in 2020 via its Envoy Solutions subsidiary, has made 32 acquisitions in the hygiene & packaging business. Now surprising its board is exploring strategic alternatives? Has it got cold feet over the daunting integration challenge?

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