Companies / Brazil
InBev Edges Yet Further Ahead
March 2007 | Company Finance AlertThe Latin American unit of Belgian beer giant InBev, AmBev, has strengthened its stranglehold on Brazilian beer sales via the US$150mn acquisition of local operator Cintra. Boosting brewing capacity has been cited as the primary reason for the investment, with AmBev not actually exercising its right to buy Cintra's brand or distribution assets at this stage. However, BMI questions whether the relatively uncompetitive acquisition is actually an attempt by InBev to aggressively block its rivals' business activities, rather than solely an attempt to build
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