Russia & Belgium: InBev S.A. ("InBev") and SUN Interbrew Ltd ("SUN Interbrew" or "SIL") announced on April 12 that, further to the announcement on 21 January 2005, InBev has launched on April 12 recommended offers of USD33.41 in cash (the "Offer Price") for the remaining Class A (non-voting) shares and GDRs ("Class A Securities") and Class B (voting) shares and GDRs ("Class B Securities" and, together with the Class A Securities, "SIL Securities") that InBev does not already own.
“The Offers are not being made and will not be made, directly or indirectly, in or into the United States. No SIL Securities are being solicited from a resident of the United States and, if sent in response by a resident of the United States, will not be accepted,” InBev said.
Following the completion, announced on 31 January 2005, of the transactions with both SUN Trade (International) Ltd. ("SUN Trade") and Alfa-Eco, InBev currently owns 97.3% of the Class B Securities and 98.8% of the Class A Securities in SUN Interbrew, which, in total, gives it a 98.4% economic interest in SUN Interbrew.
InBev is a publicly traded company (Euronext: INB) based in Leuven, Belgium. The company's origins date back to 1366, and today it is the leading global brewer by volume. InBev's strategy is to strengthen its local platforms by building significant positions in the world's major beer markets through organic growth, world-class efficiency, targeted acquisitions, and by putting consumers first. InBev has a portfolio of more than 200 brands, including Stella Artois®, BRAHMA®, Beck's®, Skol®-the third-largest selling beer brand in the world-Leffe®, Hoegaarden®, Staropramen® and Bass®. InBev employs some 77,000 people, running operations in over 30 countries across the Americas, Europe and Asia Pacific. In 2004, InBev realized a net turnover of 8.57 billion euro (including four months of AmBev).
SUN Interbrew Limited is the second largest brewer in Russia and the largest brewer in Ukraine. The company was set up in 1999 as a strategic partnership between InBev, the No. 1 global brewer, and the SUN Group, operating in the region since 1958, and in the beer sector of Russia and CIS since the beginning of 1990s. The company's main brands are Stella Artois®, Beck's®, Staropramen®, Klinskoye, Sibirskaya Korona, and Tolstiak in Russia, and Stella Artois®, Beck's®, Chernigivske, Rogan, Taller and Yantar in Ukraine. SUN Interbrew is a public company registered in Jersey, whose shares are listed in Luxembourg and traded on the Luxembourg, Frankfurt and Berlin stock exchanges.
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