Anheuser-Busch, a giant U.S. brewer, will appeal in Chile's Santiago Court of Appeals the Chilean securities regulator's decision to allow Dutch brewer Heineken a 61.1% stake in Chilean beer company Compania Cervecerias Unidas (CCU).
Anheuser-Busch, a giant U.S. brewer, will appeal in Chile's Santiago Santiago, city, Chile
Santiago (säntēä`gō), city (1990 est. pop. 4,395,000), central Chile, capital of Chile and of Metropolitana de Santiago region, on the Mapocho River. Court of Appeals the Chilean securities regulator's decision to allow Dutch brewer Heineken a 61.1% stake in Chilean beer company Compania Cervecerias Unidas (CCU CCU
abbr.
1. coronary care unit
2. critical care unit
CCU
critical care unit.
CCU Critical care unit, see there ). The U.S. brewer, which owns 20% of CCU, claims the move constitutes a change in control and should not have been approved without a public offering to other shareholders.
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