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A Merger in Beer Land

Posted Jan 11th 2010 9:30AM by Mark Fightmaster (RSS feed)
Filed under: Deals, Industry

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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Diageo's 2010 forecast has investors crying in their beer

Posted Aug 27th 2009 12:20PM by Mark Fightmaster (RSS feed)
Filed under: Earnings Reports, Diageo plc (DEO)

This morning, Diageo (NYSE: DEO), the world's largest spirits maker, announced that annual profit increased 7%. The company's net sales for the year increased 15% to 9.3 billion pounds thanks to solid performance in its international segments.

Diageo's sales increased during the past few quarters, thanks to investment in major brands like Johnny Walker, Guinness, and Smirnoff. This investment has helped the company weather the global economic downturn better than most of its major rivals.

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A look at Diageo's announcement

Posted Feb 12th 2009 1:39PM by Mark Fightmaster (RSS feed)
Filed under: Diageo plc (DEO)

I am a big fan of Diageo (NYSE: DEO), for no other reason that the company produces this blogger's two favorite adult beverages: Guinness and Captain Morgan. I am not an investor in the company, but with the copious amount of product I have consumed in the past 14 (or so) years - I may as well be. This is why I keep taps on the company's announcements, hey, I track what I know.

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