BRAZIL: AmBev ups stake in Quinsa
By just-drinks.com editorial team | 13 April 2006
InBev's Brazilian unit AmBev has upped its stake in Argentina's largest brewery, Quinsa. AmBev said today (13 April) that it had paid Beverages Associates Corp. around US$1.2bn to buy its stake in Quinsa, which dominates beer markets in Argentina, Bolivia, Paraguay and Uruguay and has a position in Chile.
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InBev's Brazilian unit AmBev has upped its stake in Argentina's largest brewery, Quinsa. AmBev said today (13 April) that it had paid Beverages Associates Corp. around US$1.2bn to buy its stake in Quinsa, which dominates beer markets in Argentina, Bolivia, Paraguay and Uruguay and has a position in Chile.
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