Heineken Sale Of Mexico Packaging Unit To Crown Goes Down Smoothly

AMSTERDAM -- Dutch breweraHeinekenasays it has sold Empaque,aits packaging businessain Mexico, to Crown Holdings of the U.S. for $1.23 billion (940 million euros) to reduce debt. Heineken acquired the businessain 2010 as part of a $7.9 billion deal to buy the Mexican company Femsa, which owned the Dos Equis, Tecate and Sol brands.

 

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