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Text size [+][-]  Saturday March 20 2010GLOBAL EDITION

Considered view
02 Oct 2009 19:22

Sobering tale

Context News

Fomento Económico Mexicano, better known as Femsa, said it is in talks with several parties to explore options for its beer division.


 

The Mexican maker of Dos Equis happily sipped alone as rivals swapped brews. Now it wants to join in just as many would-be suitors are nursing debt hangovers from other deals. Without the froth, remaining bidders are less likely to pay top dollar for Femsa’s bitter aftertaste.

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More stories by:  Jeffrey Goldfarb






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