Thursday, April 19, 2007

InBev's Ambev withdraws Quinsa minorities bid

(Reuters) - At the expiration of the offer, only 0.63 percent of the voting rights of Quinsa had been tendered to Beverage Associates Holding Ltd , a Bahamian corporation wholly owned by AmBev, AmBev said in a statement on Friday.

The minimium condition was therefore not met, meaning the offer would be withdrawn without BAH purchasing any class A or class B shares.


Read more at Reuters.com Mergers News

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