Inbev Takes Control Of Quinsa

Belgian-based InBev, the world’s largest brewer, has raised its 56.7% stake to 91.2% in Argentine brewer Quinsa, the maker of Quilmes beer. InBev, through its Brazilian subsidiary AmBev, paid $1.2 billion for Quinsa, owned by the Bemberg family, reinforcing its position as the largest beer-maker in Latin America. The acquisition will be funded through debt, said the company.