E-Malt.com News article: Brazil: Ambev announces corporate restructuring intentions

Anheuser-Busch InBev said on December, 7 that its majority-owned subsidiary Companhia de Bebidas das Américas - Ambev - has announced its intention to propose to its shareholders for approval a corporate restructuring that would result in the transition of Ambev’s capital structure, currently a dual stock capital structure comprised of voting common shares and non-voting preferred shares, to a new single-stock capital structure comprised exclusively of voting common shares.

Pursuant to the requirements of the Brazilian Securities Commission (CVM), Ambev published on 7 December 2012 a Material Fact Notice (Fato Relevante) describing the proposed transaction.

The purpose of the proposed corporate restructuring is to simplify Ambev’s corporate structure and improve its corporate governance with a view to increasing liquidity to all shareholders, eliminating certain operating and administrative costs and providing more flexibility for management of the company’s capital structure.

12 December, 2012