Diageo After Femsa Too?

Dear Client:"Speculation is mounting that the drinks giant has shown a tentative interest in acquiring some or all of Latin American conglomerate Femsa's beer business, possibly as part of a consortium with another bidder," reports the UK Telegraph yesterday. So add Diageo to the list of suitors for Femsa Cerveza, along with SABMiller, Heineken, and Kirin. Recall that Diageo has reaffirmed its commitment to the beer business, particularly as spirits are soft and further acquisitions in spirits could create antitrust