CORRECTED-AmBev plans $754.5 mln 2010 investments for output

Thu Nov 12, 2009 1:20pm GMT
 
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(Corrects 2nd paragraph to say CFO Jamel made remarks, not CEO Castro Neves)

SAO PAULO, Nov 12 (Reuters) - AmBev (AMBV4.SA)(ABV.N), the Brazilian unit of brewing giant Anheuser-Busch InBev, plans to invest between 1.3 billion reais ($754.5 million) and 1.5 billion reais in 2010 to increase output capacity, a top official said on Thursday.

"We foresee a very promising 2010," Chief Financial Officer Nelson Jamel said on a conference call with reporters. ($1=1.723 reais) (Reporting by Cesar Bianconi, Writing by Elzio Barreto; Editing by Lisa Von Ahn and Gerald E. McCormick)

 

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