UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
________________
SCHEDULE
14D-9
SOLICITATION/RECOMMENDATION
STATEMENT UNDER
SECTION 14(D)(4)
OF THE SECURITIES EXCHANGE ACT OF 1934
________________
QUILMES
INDUSTRIAL (QUINSA), SOCIÉTÉ
ANONYME
(Name
of Subject Company)
QUILMES
INDUSTRIAL (QUINSA), SOCIÉTÉ ANONYME
(Name
of Person Filing Statement)
Registered
Office: 84, Grand Rue L-1660 Luxembourg
Registered
Number: RCS Luxembourg B 32501
________________
Class
B
Common Shares, without par value
American
Depositary Shares, each of which represents two (2) Class B Shares, without
par
value, evidenced by American Depositary Receipts
(Title
of Class of Securities)
74838Y20
(CUSIP
Number of Class of Securities)
Miguel
Gomez Eiriz
Chief
Financial Officer
84,
Grand Rue L-1660 Luxembourg,
Grand-Duchy
of Luxembourg.
(352) 47
38 85
(Name,
address and telephone number of person authorized to
receive
notices
and communications on behalf of the person filing
statement)
________________
WITH
COPIES TO:
Diane
G. Kerr
Davis
Polk & Wardwell
450
Lexington Avenue
New
York, New York 10017
(212) 450
4000
£
|
Check
the box if the filing relates solely to preliminary communications
made
before the commencement of a tender
offer.
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TABLE
OF CONTENTS
Item
1.
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Subject
Company Information
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3
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Item
2.
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Identity
and Background of Filing Person
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Item
3.
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Past
Contacts, Transactions, Negotiations and Agreements
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Item
4.
|
The
Solicitation or Recommendation
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Item
5.
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Persons/Assets
Retained, Employed, Compensated or Used
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Item
6.
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Interests
in Securities of the Company
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Item
7.
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Purposes
of the Transaction and Plans or Proposals
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Item
8.
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Additional
Information
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Item
9.
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Exhibits
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ITEM 1. SUBJECT
COMPANY
INFORMATION
Name
and Address
The
name
of the subject company is Quilmes Industrial (Quinsa), Société Anonyme
(“
Quinsa
” or the “
Company
”), a Luxembourg public limited
company. The address of Quinsa’s registered and principal executive
office is 84, Grand-Rue L-1660 Luxembourg, Grand Duchy of Luxembourg, and the
telephone number of the Company at that address is + 352 47 38
85. The registered number is RCS Luxembourg B 32501.
Securities
This
solicitation/recommendation statement on Schedule 14D-9 relates to the Company’s
Class A Common Shares, without par value, Class B Common Shares, without par
value, and American Depositary Shares, each of which represents two (2) Class
B
Shares, without par value, evidenced by American Depositary
Receipts. As of January 11, 2008, the Company had issued and
outstanding
609,923,950 Class A shares and 47,188,974
Class B shares (including those held as ADSs), net of shares held by the Company
in treasury and unissued shares.
ITEM 2. IDENTITY
AND BACKGROUND OF FILING
PERSON
Name
and Address
The
name,
business address and business telephone number of Quinsa, which is the subject
company and the entity filing this statement, are set forth above under
Item 1. Quinsa’s Internet address is
www.quinsa.com
. Information contained on Quinsa’s website
does not constitute a part of this statement. The website address is
an inactive text reference and is not intended to be an actual link to the
website.
Tender
Offer
This
statement relates to the tender offer by Campanhia de Bebidas das Américas –
AmBev (“
AmBev
” or the “
Offeror
”), a Brazilian corporation, to
purchase any and all outstanding Class A shares and Class B shares (including
Class B shares held as American Depository Shares (“ADSs”)) of Quinsa, that are
not owned by AmBev or its affiliates at a purchase price of $4.0625 per Class
A
share or $40.625 per Class B share and $81.25 per ADS, net to the seller in
cash
(less any amounts withheld under applicable tax laws), without interest, on
the
terms and subject to the conditions set forth in the Offeror’s offer to
purchase, dated December 28, 2007 (the “
Offer to Purchase
”), and the
related letters of transmittal (together, the “
Offer
”).
On
December 21, 2007, AmBev announced its intention to make the Offer and on
December 28, 2007, the Offeror made the Offer by sending the Offer to Purchase
to our shareholders and filing the Offer to Purchase with the Securities and
Exchange Commission (the “
SEC
”). The Offer period is
scheduled to expire at 5:00 p.m. New York time on January 30, 2008.
Following
the consummation of the Offer, AmBev has further indicated that it has plans
for
the Company to apply to delist all ADSs from the New York Stock Exchange (the
“
NYSE
”) including the remaining non-tendered ADSs, to delist all Class
A shares and Class B shares from the Luxembourg Stock Exchange (the
“
LSE
”) including the remaining non-tendered Class A shares and Class B
shares and, to terminate the ADS facility and, as and when permitted by
applicable law and regulation, the registration of the Class B shares under
the
Securities Exchange Act of 1934, as amended.
ITEM 3. PAST
CONTACTS, TRANSACTIONS, NEGOTIATIONS
AND AGREEMENTS
The
information set forth under Section 9 “The Offer – Past Contacts, Transactions,
Negotiations and Agreements Between AmBev and the Company” in the Offer to
Purchase is incorporated herein by reference. The information set
forth under Item 5 “Past Contracts, Transactions, Negotiations and Agreements”
and Item 8 “Fairness of the Transaction” in the Schedule 13E-3 filed on January
14, 2008 by the Company (the “
Schedule 13E-3
”) is incorporated herein
by reference.
ITEM 4. THE
SOLICITATION OR
RECOMMENDATION
Quinsa’s
Board of Directors has determined unanimously to recommend that all of the
Company’s shareholders other than AmBev and its subsidiaries tender their shares
in the Offer. The reasons for such recommendation are set forth under
Item 8 “Fairness of the Transaction” in the Schedule 13E-3 and that information
is incorporated herein by reference.
Based
on
the information provided to it by its directors, executive officers, affiliates
and subsidiaries of the Company after making reasonable inquiry, no executive
officer, director, affiliate or subsidiary of the Company intends to tender
or
sell any subject securities in the Offer.
ITEM 5. PERSONS/ASSETS
RETAINED, EMPLOYED,
COMPENSATED OR USED
The
information set forth under Item 14 “Persons/Assets Retained, Employed,
Compensated or Used” in the Schedule 13E-3 is incorporated herein by
reference.
ITEM 6. INTERESTS
IN SECURITIES OF THE
COMPANY
The
information set forth under Item 11 “Interests in Securities of the Subject
Company” in the Schedule 13E-3 is incorporated herein by reference.
ITEM 7. PURPOSES
OF THE TRANSACTION AND PLANS OR
PROPOSALS
Except
as
set forth in the Schedule 13E-3 and this document, the Company is not currently
undertaking or engaged in any negotiations in response to the Offer that relate
to, or would result in: (1) a tender offer for or other acquisition of the
Company’s securities by the Company, a subsidiary of the Company or any other
person, (2) any extraordinary transaction, such as a merger, reorganization
or
liquidation, involving the Company or any of its subsidiaries, (3) any
purchase, sale or transfer of a material amount of assets of the Company or
any
of its subsidiaries, or (4) any material change in the Company’s present
dividend rate or policy, or its indebtedness or
capitalization. Except as set forth in this statement, the Schedule
13E-3 or the Offer to Purchase, there are no transactions, resolutions of the
Company’s board of directors or agreements in principle or signed contracts in
response to the tender offer that relate to, or would result in, one or more
of
the events referred to in the preceding sentence.
ITEM 8.
ADDITIONAL
INFORMATION
None.
ITEM 9.
EXHIBITS
None.
SIGNATURE
After
due
inquiry and to the best of my knowledge, I certify that the information set
forth in this statement is true, complete and correct.
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QUILMES
INDUSTRIAL (QUINSA), SOCIÉTÉ ANONYME
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Date:
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By:
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/s/ Miguel
Gomez Eiriz
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Name:
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Title:
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