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Latinnews Daily - 2 March 2004

BRAZIL: Ambev to link with Interbrew

Brazil's biggest brewer, Ambev, confirmed yesterday that it was in negotiations with the Belgian brewer, Interbrew. The two companies said that the negotiations could lead to a substantial deal. The Brazilian stockmarket took the view that Ambev was a takeover target and marked its shares up 16% yesterday.

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