Today Heineken announced its plans to buy the beer operations of Mexico’s Fomento Económico Mexicano (Femsa) for roughly $7.6 billion.
The move is the latest in the Dutch brewer’s expansion into the Western Hemisphere.
The deal will give Heineken control of Femsa’s key export brands, including Dos Equis, Tecate and Sol.
The all-stock deal includes about $2.1 billion in debt and pension obligations.
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