BRUSSELS, Feb. 20, 2013 /PRNewswire/ -- Anheuser-Busch
InBev (Euronext: ABI; NYSE: BUD), Grupo
Modelo, S.A.B. de C.V. (BMV: GMODELOC), Constellation
Brands, Inc. (NYSE: STZ, STZ.B) and Crown Imports LLC are engaged
in discussions with the U.S. Department of Justice seeking to
resolve the Department of Justice's litigation challenging AB
InBev's proposed acquisition of the remaining stake in Grupo Modelo that it does not already own. In
connection with such discussions, the parties and the Department of
Justice have agreed to jointly approach the court to request a stay
of all litigation proceedings until March
19, 2013. There can be no assurance that the
discussions will be successful.
The filing today also reiterates AB InBev's and Modelo's
position that the revised transaction resolves the concerns raised
in the DOJ's complaint.
Transaction Website: www.globalbeerleader.com
The enclosed information constitutes regulated information as
defined in the Belgian Royal Decree of 14
November 2007 regarding the duties of issuers of financial
instruments which have been admitted for trading on a regulated
market.
Disclaimer
This release contains certain forward-looking statements
reflecting the current views of the management of AB InBev with
respect to, among other things, the proposed transaction described
herein as well as AB InBev's strategic objectives, business
prospects, future financial condition, budgets, projected levels of
production, projected costs and projected levels of revenues and
profits, and the synergies it is able to achieve. These statements
involve risks and uncertainties. The ability of AB InBev to achieve
these objectives and targets or to consummate the proposed
transaction is dependent on many factors some of which may be
outside of management's control. In some cases, words such as
"believe", "intend", "expect", "anticipate", "plan", "target",
"will" and similar expressions to identify forward-looking
statements are used. All statements other than statements of
historical facts are forward-looking statements. You should not
place undue reliance on these forward-looking statements. By their
nature, forward-looking statements involve risk and uncertainty
because they reflect AB InBev's current expectations and
assumptions as to future events and circumstances that may not
prove accurate. The actual results could differ materially from
those anticipated in the forward-looking statements for many
reasons including the risks described under Item 3.D of AB InBev's
annual report on Form 20-F filed with the US Securities and
Exchange Commission on 13 April 2012,
as well as risks associated with the proposed transaction,
including uncertainty as whether AB InBev will be able to
consummate the transaction on the terms described in this document
or in the definitive agreements, the ability to obtain necessary
governmental approvals, the availability of financing for the
transaction and the ability to consummate the financing on the
currently anticipated terms, the ability to realize the anticipated
benefits of transaction, including as a result of a delay in
completing the transaction or difficulty in integrating the
businesses of the companies involved, and the amount and timing of
any costs savings and operating synergies. AB InBev cannot assure
you that the proposed transaction or the future results, level of
activity, performance or achievements of AB InBev will meet the
expectations reflected in the forward-looking statements. Moreover,
neither AB InBev nor any other person assumes responsibility for
the accuracy or completeness of the forward-looking statements.
Unless AB InBev is required by law to update these statements, AB
InBev will not necessarily update any of these statements after the
date hereof, either to confirm the actual results or to report a
change in its expectations.
Anheuser-Busch InBev Contacts:
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Media
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Investors
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Marianne Amssoms
Tel:
+1-212-573-9281
E-mail:
marianne.amssoms@ab-inbev.com
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Graham
Staley
Tel:
+1-212-573-4365
E-mail:
graham.staley@ab-inbev.com
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Karen
Couck
Tel:
+32-16-27-69-65
E-mail:
karen.couck@ab-inbev.com
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Thelke
Gerdes
Tel:
+32-16-27-68-88
E-mail:
thelke.gerdes@ab-inbev.com
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Laura
Vallis
Tel:
+1-212-573-9283
E-mail:
laura.vallis@ab-inbev.com
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Christina Caspersen
Tel:
+1-212-573-4376
E-mail:
christina.caspersen@ab-inbev.com
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Steve
Lipin / Stan Neve, Brunswick Group
Tel:
+1-212-333-3810
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About Anheuser-Busch InBev
Anheuser-Busch InBev is a publicly traded company (Euronext:
ABI) based in Leuven, Belgium,
with an American Depositary Receipt secondary listing on the New
York Stock Exchange (NYSE: BUD). It is the leading global
brewer and one of the world's top five consumer products
companies. Beer, the original social network, has been
bringing people together for thousands of years and our portfolio
of well over 200 beer brands continues to forge strong connections
with consumers. We invest the majority of our brand-building
resources on our Focus Brands - those with the greatest growth
potential such as global brands Budweiser®, Stella Artois® and
Beck's®, alongside Leffe®, Hoegaarden®, Bud Light®, Skol®,
Brahma®, Antarctica®, Quilmes®, Michelob Ultra®, Harbin®, Sedrin®,
Klinskoye®, Sibirskaya Korona®, Chernigivske®, Hasseroder® and
Jupiler®. In addition, the company owns a 50 percent equity
interest in the operating subsidiary of Grupo Modelo, Mexico's leading brewer and owner of the
global Corona® brand. AB InBev's dedication to heritage and
quality originates from the Den Hoorn brewery in Leuven,
Belgium dating back to 1366 and
the pioneering spirit of the Anheuser & Co brewery, with
origins in St. Louis, USA since 1852. Geographically diversified
with a balanced exposure to developed and developing markets, AB
InBev leverages the collective strengths of its approximately
116,000 employees based in 23 countries worldwide. In 2011, AB
InBev realized 39.0 billion USD
revenue. The company strives to be the Best Beer Company in a
Better World. For more information, please visit:
www.ab-inbev.com.
SOURCE Anheuser-Busch InBev