Heineken buys Almaza brewery
Think of Lebanon and immediately pictures come to mind of a war-torn city bearing the scars of more than 20 years of fighting and the loss of more than 60,000 lives. Lebanon, a country of 3.6 million Arabs and Armenians, descended into chaos in the mid-1970s when Muslim and Christian militias fought each other in Beirut and the countryside. The infamous Green Line, a deadly no-man’s land, split the city.
In its darkest hours, terrorist bombings and kidnappings of Americans and other Westerners became a way of life in a city once considered the Paris of the Middle East where young, affluent urbanites would study at the American University of Beirut in the mornings and stroll along the Corniche in
the evening.A.L for an undisclosed sum.5 percent market share..
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