That was the Mexican beer that was

Bloomberg reports:

Heineken NV agreed to buy the beer division of Fomento Economico Mexicano SAB, producer of Dos Equis and Mexico’s second-biggest brewer, in an all-stock deal valued at 5.3 billion euros ($7.7 billion) to tap faster sales growth in Latin America.

The company, FEMSA, sells beers including Dos Equis, Tecate, Sol and Bohemia.

The largest Mexican beer company, Modelo, remains with Mexican ownership, although Anheuser-Busch InBev apparently owns a big stake. They sell Corona, Pacifico and Modelo, among others.