Equity Analysis /
Mexico

Alsea: Flash ALSEA: In view of the recovery, Alsea increases its stake in Europe

  • Alsea will pay $55.4 million euros to increase its ownership in its subsidiary in Europe to 76.8% from 66.2%

  • Despite this transaction, Alsea will continue to maintain its focus on reducing its leverage, as it has done in the past

  • This news should be well received by the market, considering the solid recovery pace observed in the old continent

Juan Barbier
Juan Barbier

Equity Research Analyst

Marissa Garza Ostos
Marissa Garza Ostos

Head of Equity Research

Banorte
1 October 2021
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