SOUTH AMERICA: Danone and Brahma unite to capture leading Uruguayan beer and water producer
By Sarah Diston | 4 July 2000
French group Danone and Brahma, the Brazilian beer manufacturer owned by the giant Ambev, could soon take control of the biggest beer maker in Uruguay, Compania Salus.Ambev, the product of a merger between the Brazilian companies Brahma and Antarctica, has issued a statement saying it is negotiating a deal with Danone to purchase a controlling stake in the Uruguayan beer and mineral water company.Analysts believe that if the deal goes ahead, Danone will keep Salus' mineral water operations and Brahma will have Salus' beer producer Patricia, one of the top sellers in the Uruguayan market.
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French group Danone and Brahma, the Brazilian beer manufacturer owned by the giant Ambev, could soon take control of the biggest beer maker in Uruguay, Compania Salus.Ambev, the product of a merger between the Brazilian companies Brahma and Antarctica, has issued a statement saying it is negotiating a deal with Danone to purchase a controlling stake in the Uruguayan beer and mineral water company.Analysts believe that if the deal goes ahead, Danone will keep Salus' mineral water operations and Brahma will have Salus' beer producer Patricia, one of the top sellers in the Uruguayan market.
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