AmBev Confirms Approval of Strategic Alliance by Argentine Regulators.Business Editors SAO Sa´o n. 1. (Zool.) Any marine annelid of the genus Hyalinæcia, especially H. tubicola of Europe, which inhabits a transparent movable tube resembling a quill in color and texture. PAULO, Brazil--(BUSINESS WIRE)--Jan. 14, 2003 Companhia de Bebidas das Americas - AmBev (NYSE NYSE See: New York Stock Exchange : ABV ABV Above ABV Alcohol By Volume ABV Abuja, Nigeria (airport code) ABV Assault Breacher Vehicle ABV Accredited Business Valuation specialist ABV Auxiliary Building Ventilation ABV Annual Buy Value ABV Air Bleed Valve , ABVc)(BOVESPA See Bolsa de Valores de Sao Paulo. : AMBV4, AMBV3), the world's fifth largest brewer and Brazil's leading beverage company, today announced that it has received approval from the Argentine regulatory authorities, subject to certain conditions, to complete its strategic alliance with Quilmes Industrial (Quinsa) S.A.. By virtue of this alliance both companies will be integrating their operations in the Southern Cone The term Southern Cone (Spanish: Cono Sur, Portuguese: Cone Sul) refers to a geographic region composed of the southernmost areas of South America, below the Tropic of Capricorn. , as a result of which AmBev will hold a 37.5% economic interest in Quinsa. The conditions required by the Argentine anti-trust authority were within the scope of what the Company expected for a transaction of this type, clearing an important hurdle towards the completion of the Strategic Alliance. For the complete press release, including the conditions required for the completion of the deal, please visit AmBev's investor relation site - www.ambev-ir.com. |
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