Ambev : Brazil's Ambev passes Peru, Colombia, Ecuador ops to AB InBev
May 12, 2016 at 07:35 pm EDT
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SAO PAULO (Reuters) - Brazilian drinks company Ambev SA (>> Ambev SA) agreed to hand off operations in Peru, Colombia and Ecuador to its parent company Anheuser-Busch InBev SA (>> Anheuser-Busch Interbrew), according to a securities filing on Thursday.
SAO PAULO (Reuters) - Brazilian drinks company Ambev SA (>> Ambev SA) agreed to hand off operations in Peru, Colombia and Ecuador to its parent company Anheuser-Busch InBev SA (>> Anheuser-Busch Interbrew), according to a securities filing on Thursday.
In return, Ambev will absorb the Panamanian operations of SABMiller PLC (>> SABMiller plc), which is in the process of being taken over by the Belgium-based AB InBev. The transfer of the Latin American assets is conditioned on the success of that merger.
(Reporting by Guillermo Parra-Bernal and Brad Haynes; Editing by Sandra Maler)
Ambev SA, formerly Inbev Participacoes Societarias SA, is a Brazil-based company engaged in the brewing sector. The Company produces, distributes and sells beer, carbonated soft drinks (CSDs) and other non-alcoholic and non-carbonated (NANC) beverages across the Americas. The Company's activities are divided into three segments: Latin America North, including sell of beer, CSD and NANC drinks in Brazil, as well as operations in the Dominican Republic, Saint Vincent, Antigua, Dominica, Cuba, Guatemala, El Salvador, Honduras, Nicaragua, Barbados and Panama; Latin America South, distributing products in Argentina, Bolivia, Paraguay, Uruguay, Chile; and Canada, represented by Labattâs operations, which comprises sales in Canada and some exports to the U.S. market. The Company markets products under various brand names, such as Adriatica, Brahma, Leffe, Budweiser, Corona, PepsiCo and Lipton. It is a subsidiary of Interbrew International BV.
AMBEV S.A. 
