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Brazil: Cia. de Bebidas das Americas (AMBV4 BS), or AmBev, a unit of Belgian brewer Inbev NV, the world's second-biggest brewer, had its debt rating raised three levels by Standard & Poor's, making it Brazil's only investment-grade company. The stock rose 7.04 reais, or 1 percent, to 742.05 reais, Bloomberg revealed on December 21.

22 December, 2004
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