Warburg, Kelso Make Bid for Femsa’s $5bn Envoy Unit

Warburg, Kelso Make Bid for Femsa’s $5bn Envoy Unit

Mexican Coca-Cola bottler Femsa is in talks to sell a US packaging and food services business to private equity firms Warburg Pincus and Kelso & Co. for about $5bn, according to people with knowledge of the matter. Kelso would do the deal through portfolio company...