Business Services Industry
Brazil: Heineken wants to firm stake in Kaiser.
South American Business Information, September, 1999
Heineken is willing to firm its stake in the Brazilian brewery Kaiser, where it currently holds 14,8%. Heineken's chief executive in Brazil Mr.Alexander Van Heuven is waiting Kaiser assets, estimated at R$1bil, to reach a reasonable price in order to bid for it. The move would benefit from the decision of Coca Cola to focus in soft drinks, threatened by small companies, leaving the alcoholic beverages business.
Source: Jornal do Comercio Page: a10 Date: September 14, 1999 Country: Brazil Product: Beer & Other Malt Beverages Company: Heineken ; Kaiser Event: Acquisitions & Mergers SABI (South American Business Information)
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