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Costco Buys Out Remaining Stake in Mexican JV

Home Textiles Today Staff -- Home Textiles Today, 6/25/2012 2:00:00 AM

Costco Wholesale Club is acquiring the remaining 50% stake in Costco de Mexico from its joint venture partner, Controladora Comercial Mexicana, for approximately $766.79 million. The Mexico Citybased subsidiary operates 32 units.

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