BloggingStocks http://www.bloggingstocks.com BloggingStocks http://www.blogsmithmedia.com/http://www.bloggingstocks.com/media/feedlogo.gif BloggingStocks http://www.bloggingstocks.com en-us Copyright 2012 Weblogs, Inc. The contents of this feed are available for non-commercial use only. Blogsmith http://www.blogsmith.com/<![CDATA[A Merger in Beer Land]]>http://www.bloggingstocks.com/2010/01/11/a-merger-in-beer-land/http://www.bloggingstocks.com/2010/01/11/a-merger-in-beer-land/http://www.bloggingstocks.com/2010/01/11/a-merger-in-beer-land/#commentsFiled under: ,

While the merger may not have been a surprise thanks to what is called "global consolidation" brewing world, the winner of the competition was. Femsa Cerveza (FMX) -- brewer of Dos Equis, Sol, and Tecate -- was purchased by Heineken in a deal worth $5.5 billion in stock. Heineken is widely considered a "surprise" winner of the Femsa sweepstakes, as most industry analysts were chalking up Femsa to a purchase by SABMiller.

Heineken already held a stake in Femsa's Brazilian operations and distributes the Femsa brands in the United States. As a result of the deal, Femsa will hold a fifth of Heineken, which equals 12.5% of Heineken N.V. stock; Femsa will also have 14.9% of Heineken Holding.

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A Merger in Beer Land originally appeared on BloggingStocks on Mon, 11 Jan 2010 09:30:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>acquisitionsbeerDos EquisfmxGuinnessHeinekeninthenewsTecateMon, 11 Jan 2010 09:30:00 EST<![CDATA[FEMSA (FMX): South of the border for soda & beer]]>http://www.bloggingstocks.com/2008/09/13/femsa-fmx-south-of-the-border-for-soda-and-beer/http://www.bloggingstocks.com/2008/09/13/femsa-fmx-south-of-the-border-for-soda-and-beer/http://www.bloggingstocks.com/2008/09/13/femsa-fmx-south-of-the-border-for-soda-and-beer/#commentsFiled under: , ,

This post is one of six articles on beverage-related stocks. Here are five other investment ideas to sip on.

Each month in The Forbes International Investment Report, editor John Christy interviews top global stock managers. Here, Lou Gerken of Gerken Capital Associates eyes a favorite beverage play from Latin America.

The money manager explains, "Investors should take heart that there are companies they can invest in at very low valuations in emerging markets. And in the particular case of Latin America, many have U.S.-listed ADR's that have plenty of liquidity and are very accessible and cost-effective to buy.

"We think that Mexico is probably the best positioned Latin American country from a risk perspective because, obviously, with 86% exports to the U.S. it's very reliant on the U.S., but it's still seeing very healthy internal growth irrespective of what's going on in the U.S.

"A company that we like there is FEMSA (NYSE: FMX). It produces, markets and distributes Coca-Cola, Dos Equis, Tecate Beer and a lot of other beverages across Latin America. It also operates something that's very comparable to our 7-Eleven stores.

"They're called OXXO convenience stores. Very strong sales and EBITDA growth, despite the presumed slowdown that's been occurring as it relates to the U.S.contagion effect,and valued very attractively at 8 times EBITDA."

Steven Halpern's TheStockAdvisors.com offers a daily look at the latest market commentary and favorite stock picks and investment ideas from the nation's leading financial newsletter advisors.

FEMSA (FMX): South of the border for soda & beer originally appeared on BloggingStocks on Sat, 13 Sep 2008 10:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>beercoca-colaacokedos equisfemsafmxforbes international investment reportgerken capital associatesGerkenCapitalAssociatesjohn christyJohnChristylou gerkenLouGerkensodasteven halpernSat, 13 Sep 2008 10:00:00 EST