Is AmBev Ushering Femsa Out the Door?

AmBev announced yesterday in a statement that if Femsa decides to buy back Interbrew's 30% stake in Femsa, Ambev would issue Interbrew 4 billion fewer shares (of the total 24 billion shares) for its North American assets. That values Femsa at about one and a half billion US greenbacks. The statement could be signaling that AmBev would be amicable to the idea of Femsa buying back its stake so make it a cleaner transaction. In other words, AmBev may be