AmBev – Companhia de Bebidas das Americas (NYSE: ABV) will begin trading today
on the New York Stock Exchange (NYSE), under the ticker symbols ”ABV” for
preferential ADRs and ”ABVc” for common ADRs. AmBev’s ADRs (American Depositary
Receipts) replace Brahma’s papers, which have been traded on the NYSE since
June 1997. Marcel Telles, co- chairman of the company’s Board of Directors,
participated in NYSE’s ceremony to commemorate the event by ringing the bell
to signal the end of the day’s trading. The president of Pepsi-Cola International,
Peter Thompson, and top Brazilian model Gisele Bundchen were also at the ceremony.

To commemorate the launching of its ADRs for trading, AmBev distributed 6,000
cans of Guarana Antarctica to New Yorkers this morning at a stage representing
a tropical forest, assembled directly in front of the NYSE building. The internalization
of Guarana is one of AmBev’s steps to establish itself as an international company,
of Brazilian origin. AmBev and Pepsi have established an international licensing
agreement since the end of last year, which allows the distribution of Guarana
Antarctica to more than 175 countries.

Stay informed for just £1! *

Subscribe to Just Drinks for unbiased coverage of the global drinks industry, offering insights into the corporate strategies of beverage manufacturers and brands worldwide.


What’s included in your subscription:
  • Unlimited access to Just Drinks content including daily global news, in-depth analysis, and interviews with C-suite executives
  • Unbeatable coverage of categories from beer, wine and spirits to soft drinks and hot beverages
  • Unrivalled drinks industry comment from leading sector specialists

Ready to stay informed? Subscribe now and gain access to exclusive content.

Subscribe

Have a subscription? Sign in

For further details on subscribing, click here. Need multi-user access? Explore our corporate subscriptions now.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

*After your 1-month trial, your subscription will continue at £315 per year.