Colombia: SABMiller- Result of voluntary tender offer to acquire Bavaria S.A. shares in Colombia
SABMiller announced on December 6 at the closing of the voluntary tender offer on the Colombian Stock Exchange for all of the shares in Bavaria S.A. (“Bavaria”) which the SABMiller group does not already own (the “Offer”), acceptances had been received in respect of 62,375,024 shares in Bavaria, representing 25.19% of Bavaria's share capital, and increasing SABMiller’s interest in Bavaria from 71.77% to 96.96%.
The total cash consideration payable as a result of acceptances of the Offer is approximately US$1,215 million.
Settlement of the consideration will take place on 13 December 2005, and will be met from existing resources.
SABMiller plc is one of the world’s largest brewers with brewing interests or distribution agreements in over 60 countries across five continents. The group’s brands include premium international beers such as Miller Genuine Draft, Peroni Nastro Azzurro and Pilsner Urquell, as well as an exceptional range of market leading local brands. Outside the USA, SABMiller plc is also one of the largest bottlers of Coca-Cola products in the world.
In the year ended 31 March 2005, the group reported a pre-tax profit of US$2,194 million and a turnover of US$14,543 million on a UK GAAP basis. SABMiller plc is listed on the London and Johannesburg stock exchanges.
Wstecz
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