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Mexican president meets with CEOs of Mondelez and Bimbo

Mexico's President Andres Manuel Lopez Obrador said in a tweet on Tuesday he met with the chief executives of U.S. snack company Mondelez International Inc MDLZ and Mexican breadmaker Grupo Bimbo BIMBO/A.

However, in a statement later on Tuesday, Mondelez said as the seller of Ricolino, Grupo Bimbo, would be the one to pay taxes.

"It was a cordial and very fruitful meeting, in which Mondelez reiterated its commitment to the country," it added.

The Ricolino business includes sweets brands such as Vero, La Corona and Coronado and makes several confectionary products including lollipops, marshmallows, chocolates and gummies.

($1 = 19.2286 Mexican pesos)

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