Heineken considers closing Brazil plants
Heineken, the world’s secondlargest beer maker, is considering closing two factories in northeastern Brazil as “an extreme measure” after a court ordered the company to sell beer and soft drinks in the region at a money-losing price, the company said on Friday. A court decision mandates Heineken to sell beer and soft drinks below cost to a local distributor, the company said. “Due to these distortions, Heineken is reviewing its strategy and considers extreme measures” such as the closure of the factories.