The Bank of New York Mellon Appointed as Depositary Bank by Anheuser-Busch InBev
01 Julho 2009 - 3:00AM
PR Newswire (US)
American depositary receipt (ADR) program will facilitate greater
North American investment in world's largest brewer NEW YORK, July
1 /PRNewswire-FirstCall/ -- The Bank of New York Mellon (NYSE:BK),
the global leader in asset management and securities servicing, has
been selected by Anheuser-Busch InBev (AB InBev) as the depositary
bank for its American depositary receipt (ADR) program. Each AB
InBev ADR represents one ordinary share and trades on the
over-the-counter (OTC) market under the ticker symbol "AHBIY." AB
InBev's ordinary shares trade on the NYSE Euronext under the symbol
"ABI." Formed in November 2008 through the combination of InBev and
Anheuser-Busch, AB InBev is the leading global brewer and one of
the world's top five consumer products companies. AB InBev holds
the number one or number two position in more than 20 key markets
and manages a portfolio of nearly 300 brands, including global
flagship brands Budweiser, Stella Artois and Beck's; fast growing
multi-country brands like Leffe and Hoegaarden; as well as numerous
local brands. AB InBev also owns an effective 50 percent equity
interest in the operating subsidiary of Grupo Modelo, Mexico's
leading brewer and owner of the Corona brand. Headquartered in
Leuven, Belgium, Anheuser-Busch InBev has 120,000 employees in more
than 30 countries worldwide. On a pro-forma basis for 2008, the
combined company would have generated revenues of 39 billion USD.
For more information, visit http://www.ab-inbev.com/. "We are
seeing significant interest in our stock in the U.S. and
establishing this ADR program will facilitate ownership for a
broader range of investors. We are pleased to be working with The
Bank of New York Mellon and are confident that their expertise and
capabilities will help drive a successful program," said Felipe
Dutra, chief financial officer of AB InBev. "AB InBev represents
some of the most well known consumer brands in the world, and we
intend to deliver world class DR services and support," said
Michael Cole-Fontayn, chief executive officer of The Bank of New
York Mellon's Depositary Receipt Division. "We believe the
combination of The Bank of New York Mellon's resources with AB
InBev's superior brand recognition will lead to the implementation
of a highly successful ADR program, designed from the start to meet
the highest levels of global investor demand." The Bank of New York
Mellon acts as depositary for more than 2,100 American and global
depositary receipt programs, acting in partnership with leading
companies from 67 countries. With an unrivalled commitment to
helping securities issuers succeed in the world's rapidly evolving
financial markets, the Company delivers the industry's most
comprehensive suite of integrated depositary receipt, corporate
trust and stock transfer services. Additional information is
available at http://www.bnymellon.com/dr. The Bank of New York
Mellon Corporation is a global financial services company focused
on helping clients manage and service their financial assets,
operating in 34 countries and serving more than 100 markets. The
company is a leading provider of financial services for
institutions, corporations and high net-worth individuals,
providing superior asset management and wealth management, asset
servicing, issuer services, clearing services and treasury services
through a worldwide client-focused team. It has $19.5 trillion in
assets under custody and administration, $881 billion in assets
under management, services more than $11 trillion in outstanding
debt, and processes global payments averaging $1.8 trillion per
day. Additional information is available at
http://www.bnymellon.com/. This release is for informational
purposes only. The Bank of New York Mellon provides no advice nor
recommendation or endorsement with respect to any company or
securities. Nothing herein shall be deemed to constitute an offer
to sell or a solicitation of an offer to buy securities. Depositary
Receipts: Not FDIC, State or Federal Agency Insured; May Lose
Value; No Bank, State or Federal Agency Guarantee. DATASOURCE: The
Bank of New York Mellon Corporation CONTACT: Dori Flanagan,
+1-212-815-2291, , or Joe Ailinger, +1-617-722-7571, Web Site:
http://www.bnymellon.com/
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