The US investment bank, Merrill Lynch, has upgraded shares in the Mexican brewer, Femsa, from “neutral” to “buy” following its victory in a legal dispute with the Belgian brewer, Interbrew, over the distribution of the Beck’s beer brand in the US.
US: Merrill Lynch upgrades Femsa
The US investment bank, Merrill Lynch, has upgraded shares in the Mexican brewer, Femsa, from "neutral" to "buy" following its victory in a legal dispute with the Belgian brewer, Interbrew, over the distribution of the Beck's beer brand in the US.