The Bank of New York has been selected as successor depositary for the Fomento Economico Mexicano, S.A de C.V. (FEMSA) American depositary receipt (ADR) facility. Each FEMSA ADR represents ten units. The units trade in Mexico on the Bolsa Mexicana de Valores, and the ADRs trade on the New York Stock Exchange under the symbol “FMX.”
FEMSA is a beverage company based in Monterrey, Mexico