Talk of a significant deal between the international brewers AmBev and Interbrew drove shares in Mexican brewer FEMSA, in which Interbrew holds a 30% stake, to a record intra-day high yesterday.

Femsa's stock reached 54 pesos, as investors speculated on whether FEMSA would directly benefit from an Interberw/AmBev deal.

Femsa's stock ended 6.4% stronger at 52.85 pesos.