Coke Femsa, Bimbo shares fall as Mexico poised to pass food, drink taxes
date:Nov 01, 2013
cial Officer Hector Trevino told analysts on a call.

Our operators are already looking at some of the strategies that we'll follow for next year and that includes doing a full reconfiguration of our whole portfolio, even doing some downsizing, Trevino added.

The company said it could reduce its workforce around 3 or 4 percent and cut back on distribution routes.

Coca-Cola controls more than three-quarters of Mexico's drinks market and stands to be hit the hardest by the soda tax, according to
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