Anheuser-Busch InBev SA/NV Completion of MillerCoors Disposal (2653M)
October 11 2016 - 11:03AM
UK Regulatory
TIDM92PG
RNS Number : 2653M
Anheuser-Busch InBev SA/NV
11 October 2016
Anheuser-Busch InBev Announces Completion of MillerCoors
Disposal
Anheuser-Busch InBev SA/NV ("AB InBev", formerly Newbelco SA/NV)
(Euronext: ABI) (NYSE: BUD) (MEXBOL: ANB) (JSE: ANH) today
announces completion of the divestiture of SABMiller Limited's
("SABMiller", formerly SABMiller plc) interest in MillerCoors LLC
("MillerCoors"), a joint venture in the U.S. and Puerto Rico
between Molson Coors and SABMiller. The total transaction is valued
at 12 billion USD, and was originally announced on 11 November
2015.
Under the terms of the Molson Coors Purchase Agreement, Molson
Coors has acquired SABMiller's 50% voting interest and 58% economic
interest in MillerCoors. MillerCoors has become a wholly owned
subsidiary of Molson Coors, and Molson Coors has full control of
the operations and resulting economic benefits of MillerCoors.
Under the terms of the Molson Coors Purchase Agreement, Molson
Coors has acquired full ownership of the Miller brand portfolio
outside of the U.S. and perpetual licenses to the U.S. rights to
all of the brands currently in the MillerCoors portfolio for the
U.S. market, including import brands such as Peroni and Pilsner
Urquell. The sale also includes the global Miller brand, currently
sold in over 50 countries (including Australia, Argentina, Canada,
Colombia, Ecuador, Mexico, Panama, Russia, South Africa and the
United Kingdom), as well as related trademarks and other
intellectual property rights.
English, French and Dutch versions of this press release will be
available on www.ab-inbev.com.
About Anheuser-Busch InBev
Anheuser-Busch InBev is a publicly traded company (Euronext:
ABI) based in Leuven, Belgium, with secondary listings on the
Mexico (MEXBOL: ANB) and South Africa (JSE: ANH) stock exchanges
and with American Depositary Receipts on the New York Stock
Exchange (NYSE: BUD). Our Dream is to bring people together for a
better world. Beer, the original social network, has been bringing
people together for thousands of years. We are committed to
building great brands that stand the test of time and to brewing
the best beers using the finest natural ingredients. Our diverse
portfolio of well over 400 beer brands includes global brands
Budweiser(R), Corona(R) and Stella Artois(R); multi-country brands
Beck's(R), Castle(R), Castle Lite(R), Hoegaarden(R) and Leffe(R);
and local champions such as Aguila(R), Antarctica(R), Bud Light(R),
Brahma(R), Cass(R), Chernigivske(R), Cristal(R), Harbin(R),
Jupiler(R), Klinskoye(R), Michelob Ultra(R), Modelo Especial(R),
Quilmes(R), Victoria(R), Sedrin(R), Sibirskaya Korona(R) and
Skol(R). Our brewing heritage dates back more than 600 years,
spanning continents and generations. From our European roots at the
Den Hoorn brewery in Leuven, Belgium. To the pioneering spirit of
the Anheuser & Co brewery in St. Louis, US. To the creation of
the Castle Brewery in South Africa during the Johannesburg gold
rush. To Bohemia, the first brewery in Brazil. Geographically
diversified with a balanced exposure to developed and developing
markets, we leverage the collective strengths of approximately
200,000 employees based in more than 50 countries worldwide. In
2015, on a combined pro forma basis, AB InBev realized 55.5 billion
US dollar in revenues (excluding JVs and associates).
Visit us @ www.ab-inbev.com.
Like us @ www.facebook.com/abinbev.
Follow us @ twitter.com/abinbevnews.
Contacts
Media Investors
Marianne Amssoms Graham Staley
+1 212 573 9281 +1 212 573 4365
marianne.amssoms@ab-inbev.com graham.staley@ab-inbev.com
Karen Couck Heiko Vulsieck
+1 212 573 9283 +32 16 27 68 88
karen.couck@ab-inbev.com heiko.vulsieck@ab-inbev.com
Kathleen Van Boxelaer Lauren Abbott
+32 16 27 68 23 +1 212 573 9287
kathleen.vanboxelaer@ab-inbev.com lauren.abbott@ab-inbev.com
AB InBev Communications Adviser
- Brunswick
Steve Lipin / Jayne Rosefield
(Brunswick Group US)
+1 212 333 3810
slipin@brunswickgroup.com
jrosefield@brunswickgroup.com
Richard Jacques / Katie Ioanilli
(Brunswick Group UK)
+44 20 7404 5959
rjacques@brunswickgroup.com
kioanilli@brunswickgroup.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
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