Showing posts with label Foreign Stocks. Show all posts
Showing posts with label Foreign Stocks. Show all posts

Friday, January 15, 2010

Femsa and Heineken Deal Good For Both Parties

Recently it was announced that Heineken would acquire the beer division of Mexican company Fomento Economico Mexicano, better known as Femsa. Femsa operates in three segments: Femsa Cerveza, Coca Cola Femsa, and Femsa Comerico. The company has been looking to get rid of the beer unit and has decided on Heineken as the suitor.