PERU: Bavaria linked with increasing stake in Backus
Reports have suggested that the Colombian brewer, Bavaria, is negotiating with the Venezuelan brewer, Empresas Polar, about Bavaria increasing its stake in the Peruvian brewer, Union de Cervecerias Peruanas Backus & Johnston SAA, known as Backus, in which both companies own stakes. However, the inside sources quoted said that no deal was imminent.