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Mexico’s President says will comply with public vote to halt brewery project

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Via Reuters Finance

FILE PHOTO: Bottles of the beer, Corona, a brand of Constellation Brands Inc., sit on a supermarket shelf in Los Angeles, California April 1, 2015. REUTERS/Lucy Nicholson/File Photo

MEXICO CITY (Reuters) – Mexico’s President Andres Manuel Lopez Obrador on Saturday said his government will comply with a public consultation to halt the construction of U.S. brewer Constellation Brands Inc’s (STZ.N) more than $1 billion brewery project in the border city of Mexicali.

“The citizens of Mexicali decided and we will comply with their will,” Lopez Obrador said.

Reporting by Anthony Esposito; Editing by Daniel Wallis


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