ARGENTINA: Ambev given go-ahead for Quilmes deal
By just-drinks.com editorial team | 14 January 2003
The Brazilian beermaker AmBev has obtained a green light from the Argentine authorities to acquire a significant stake in Quinsa, which controls Argentina's leading beermaker Quilmes. The US$6m deal will see AmBev, the world's fourth largest brewer, take a 37.5% holding in Quinsa, which in turn controls Quilmes, a market leader in Argentina, Bolivia, Paraguay and Uruguay.
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The Brazilian beermaker AmBev has obtained a green light from the Argentine authorities to acquire a significant stake in Quinsa, which controls Argentina's leading beermaker Quilmes. The US$6m deal will see AmBev, the world's fourth largest brewer, take a 37.5% holding in Quinsa, which in turn controls Quilmes, a market leader in Argentina, Bolivia, Paraguay and Uruguay.
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