Heineken to buy Femsa's beer ops for $5.5 billion
Date: Mon, 11 Jan 2010 12:00:58 -0500
HEINEKEN TO BUY FEMSA'S BEER OPS FOR $5.5 BILLION
Consolidation in the global brewing industry continues on Monday as
Heineken emerges as the surprise winner in the battle to buy Femsa
Cerveza in a $5.5 billion all-stock deal.
HEINEKEN MAKES ITS PLAY
The golden age of macrobrewers advances another step with Heineken's
deal for Femsa.
GOLD FUTURES JUMP AS MUCH AS $24 ON GLOBEX
Gold futures climb by as much as $24 an ounce to touch their strongest
intraday level in more than a month, as further weakness U.S. dollar
and strong trade figures from China lure investors.
MONDAY'S BIGGEST GAINING AND DECLINING STOCKS
Associated Banc, Heineken and McMoran are all making notable moves in
the U.S. stock market.
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