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Article: AmBev Announces Its Intent to Make a Voluntary Offer to Purchase Any and All Outstanding Shares of Its Subsidiary Quilmes Industrial (Quinsa), Societe Anonyme.
- Article from:
- PR Newswire
- Article date:
- December 22, 2007
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SAO PAULO, Brazil, Dec. 22 /PRNewswire-FirstCall/ -- Companhia de Bebidas das Americas - AmBev ("AmBev") (BOVESPA: AMBV4, AMBV3; and NYSE: ABV, ABVc) announced today that its board of directors has approved a plan to make a voluntary offer to purchase any and all Class A shares and Class B shares (including Class B shares held as American Depositary Shares ("ADSs")) of its subsidiary Quilmes Industrial (Quinsa), Societe Anonyme ("Quinsa") that are not owned by AmBev or its subsidiaries. AmBev owns, directly and indirectly, approximately 97% of the voting interest and approximately 91% of the economic interest in Quinsa.
The draft offer to purchase and ancillary ...