Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

AmBev Rises 1.2% in Sao Paulo Trading After Reversing 2.3% Drop

May 31 (Bloomberg) -- Cia. de Bebidas das Americas, the Brazilian unit of Anheuser-Busch InBev NV, rose 1.2 percent to 77.10 reais at the close in Sao Paulo, after erasing a loss of as much as 2.3 percent.

Brazil’s government is raising taxes on beverages including beer, soda, bottled water and juice. Prices of cold beverages could increase as much as 2.85 percent when the increase takes effect in October, Taxation Undersecretary Sandro Serpa told reporters today in Brasilia.

To contact the reporter on this story: Denyse Godoy in Sao Paulo at dgodoy2@bloomberg.net

To contact the editors responsible for this story: Helder Marinho at hmarinho@bloomberg.net; David Papadopoulos at papadopoulos@bloomberg.net

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.