First Eagle Comments on Compania Cervecerias Unidas

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May 04, 2021

Shares of diversified Chilean beverage company Compañía Cervecerías Unidas (CCU, Financial) continued to bounce back from the dislocations of Covid-19 during the first quarter. Though the company derives most of its revenue and earnings from its home market, it has production facilities and distribution centers across a number of South American markets.

From First Eagle Global Income Builder Fund's first-quarter 2021 commentary.