| Heineken buys Mexican breweryCNN - 1 hour agoNEW YORK (CNNMoney.com) -- Heineken announced plans Monday to buy the beer operations of Mexico's Fomento Econ?mico Mexicano (Femsa) for about $7.6 billion, as the Dutch brewer moves to expand its operations in the Western Hemisphere. The deal will give Heineken, which brews Amstel and other beers, control of Femsa's key export brands, including Dos Equis, Tecate and Sol. FACTBOX-Some facts about Mexican drinks maker FEMSA Reuters Arabtec's Aabar Deal May Signal Looming LossesNew York Times - 7 hours agoArabtec Holding , based in Dubai, may need a $1.7 billion investment by Abu Dhabi’s Aabar Investments to cope with future losses, analysts said on Sunday, as the construction company’s shares fell 6.9 percent. On Friday, investment firm Aabar, 71 percent owned by the U.A.E. federal government, offered to buy a 70 percent stake in Arabtec through a convertible bond at 2.3 dirhams per share, in a deal valued at $1.7 billion. Arabtec's Aabar deal may signal looming losses Reuters China market reform may end Shanghai-HK price gapMarketWatch - 11 hours agoHONG KONG (MarketWatch) -- Beijing's approval of stock-index futures and additional reforms designed bring its markets into line with other major bourses should help shrink the valuation gap that has kept yuan-denominated shares at a premium to similar shares listed in Hong Kong, analysts said. China's State Council approved Friday the launch of stock-index futures and a trial program for short selling and margin trading -- the purchase of stock using brokerage loans. In Hong Kong, Mollycoddling Over Rusal IPO Wall Street Journal | |
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