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SAB Miller, Heineken Eye FEMSA Cerveza

11-30-2009 | Source: emii.com

SAB Miller, Heineken and Japan’s Kirin Holdings are interested in acquiring Mexico’s FEMSA Cerveza, Reuters reports. U.S. brewer, Molson Coors, has backed away from a bid to buy the Mexican brewer.

The FEMSA group is seeking $9 billion for its beer business. The FEMSA families own about 39% of the FEMSA group, which owns brewing, soft drinks and retailing interests and controls 75% of the voting rights.

Click here for the story from Reuters.

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