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news Leading brewer to buy local beer company

Leading brewer to buy local beer company

By Alain at 04/02/07 10:43

Brazil's leading brewer announced that it would buy local beer company Cintra for $150 million. AmBev already owns close to 70 percent of the country's beer market.

Original source: Yahoo News. [404 Check: was link to http:/ / news. yahoo. com/ s/ nm/ 20070328/ bs_ nm/ brazil_ ambev_ dc_ 1;_ ylt=Av4tp4oqSW6PcHo_ Ex0Dy6dP_ 8wA, anchor: AmBev to invest $2.4 billion in Brazil over 5 years]

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