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Coke Femsa, Bimbo shares fall as Mexico poised to pass food, drink taxes
date:Nov 01, 2013
Shares of Mexico-based Coca-Cola Femsa, Coke's largest bottler in Latin America, were down more than 1 percent, while shares in bread and snacks maker Bimbo fell more than 2 percent in morning trading,asMexicoCongress was poised to approve a 1 peso-per-liter tax on sugary drinks and an 8 percent tax on junk food as part of a wider tax overhaul.

The Senate approved the plan, which aims to curb rising obesity levels as well as lift the poor tax take in Latin America's No. 2 economy, on Thursday m

12/22 16:05