BRUSSELS, March 15, 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 have made substantial progress in their discussions
with the U.S. Department of Justice toward resolution of the
Department of Justice's litigation relating to AB InBev's proposed
acquisition of the remaining stake in Grupo
Modelo it does not already own, based on the terms of the
revised transaction announced on 14 February
2013.
Today the companies and the Department of Justice jointly
approached the Court to request an extension of the stay on their
current litigation, currently due to expire on March 19, 2013, to April
9, 2013. The parties agree that an extension of the current
stay will likely enable the parties to complete their discussions.
If the parties reach an agreement, they will file a proposed
consent judgment and related documentation with the Court. There
can be no assurance that the ongoing discussions will be
successful.
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 American Depositary Receipts on the New York Stock Exchange
(NYSE: BUD). It is the leading global brewer, one of the
world's top five consumer products companies and recognized as
first in the beverage industry on FORTUNE Magazine's "World's Most
Admired" companies list. 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. Anheuser-Busch 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, Anheuser Busch InBev leverages
the collective strengths of its approximately 118,000 employees
based in 23 countries worldwide. In 2012, AB InBev realized
39.8 billion US dollar 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