/ Source: The Associated Press
Mexican brewer and beverage maker Femsa's stocks have risen following the company's announcement of a possible merger of its beer business.
Femsa's shares closed up 8.18 percent at 62.53 pesos ($4.6 dollars) on Friday in trading on the Mexican Stock Exchange.
Femsa SAB says it is talking with several companies about merging but has not disclosed details.
Its stocks have been soaring since The Wall Street Journal reported on Thursday the possibility of a $9-billion merger.
Femsa makes Tecate, Sol and Dos Equis beers. It is one of Latin America's biggest brewers and the main rival of Grupo Modelo, maker of Corona. Femsa is also Latin America's largest Coca-Cola bottler.
