2018News

Ambev now owns 85% of Presidente beer

Photo: Listin Diario

The government collected RD$9.47 billion in taxes after the approval of the second part of the sale of E. León Jimenes Corporation to the Brazilian multinational company, Ambev. The local owners now retain 15% of the company that is responsible for Presidente beer and Marlboro cigarettes, among other products.

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Diario Libre

22 January 2018