AmBev

AcronymDefinition
AmBevCompanhia de Bebidas das Americas
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In March 2012, AmBev became the largest company in the country, beating out mining giant Vale.
Desde la fusion de Brahma y Antarctiva en 1999, los ingresos de AmBev se sextuplicaron y llegaron a US$15.
19 November 2013 -- New York-based investment management and investment services firm BNY Mellon (NYSE: BK) said it has been appointed by Brazilian drinks distributor Ambev SA (NYSE: ABEV) as depositary bank for its American Depositary Receipt programme.
The employee, who said he was married and an evangelical Christian, charged that Ambev salesmen were forced to take part in parties held with prostitutes, to promote sales.
The combined company will have operations including beer, malt and soft drinks in the Dominican Republic, Antigua, Saint Vincent and Dominica and will export to 16 other markets in the Caribbean, the US and Europe, AmBev said.
Under terms of the deal, Interbrew and AmBev - respectively fourth and fifth in the global brewing stakes - will swap shareholdings in each other's businesses to create a market leader with 14pc of the world's brewing market.
AmBev will continue with separate Brazilian and US stock market listings and will take over Interbrew's Labatt brewing assets.
The Bavaria brand came on the block as the result of asset sales that were required to allow the merger of Brazil's two top brewers, Antarctica and Brahma, to form AmBev.
He said that AmBev had an established high-performance culture, and Interbrew was a cultural vacuum.
14 December 2010 - S&P said on Monday it might lift its BBB+ investment-grade rating on AmBev (SAO:AMBV4) if the Brazilian brewer sticks to conservative financial management and retains solid cash flow through economic peaks and troughs.