Dateline Brazil: Belgium’s Interbrew SA and Brazil’s AmBev completed their planned US$11.4 billion combination on Friday after shareholders of both companies approved the deal that creates the world’s largest brewer by volume.<br />
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Interbrew shareholders unanimously approved the linkup of their family company with AmBev, whose full name is Companhia da Bebidas das Americas, creating a new company called InBev that will control about 14 percent of the global beer market.<br />
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AmBev said its shareholders also approved the union, but did not provide a vote breakdown on the margin of victory for the merger. It makes InBev the planet’s largest beer producer and No. 2 by revenue behind US-based Anheuser-Busch, which had sales of US$14.1 billion last year.<br />
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Read the Full Story at <a href="http://www.taipeitimes.com/News/biz/archives/2004/08/29/2003200757"><strong>Taipei Times</strong></a>
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