US: Merrill Lynch upgrades Femsa
By just-drinks.com editorial team | 11 August 2003
The US investment bank, Merrill Lynch, has upgraded shares in the Mexican brewer, Femsa, from "neutral" to "buy" following its victory in a legal dispute with the Belgian brewer, Interbrew, over the distribution of the Beck's beer brand in the US.
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The US investment bank, Merrill Lynch, has upgraded shares in the Mexican brewer, Femsa, from "neutral" to "buy" following its victory in a legal dispute with the Belgian brewer, Interbrew, over the distribution of the Beck's beer brand in the US.

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