AmBev Agrees to Merge with Interbrew

Genzyme bids for certain assets of bankrupt outfit Impath, and more deal news

Brazil's Companhia de Bebidas das Americas (known as AmBev) (ABV ) and Belgium's Interbrew agreed to merge in an $11.2 billion deal. The combined InterbrewAmBev would command 14% of the global beer market. Terms: Interbrew will hold 21.8% economic interest in AmBev and 52.8% voting interest; AmBev will acquire Interbrew's Labatt unit. (3/3)

To continue reading this article you must be a Bloomberg Professional Service Subscriber.