Sentences with phrase «brazilian beer company»
In 2009 the three men paid 15 million reais ($ 6.4 million) to Brazil's securities regulator to settle allegations that they had abused their control of AmBev, the product of their merger of Brahma with another Brazilian beer company.
https://www.bloomberg.com/ Not exact matches
When 3G led InBev's hostile takeover of Anheuser - Busch, it quickly cut 1,400 jobs from the American company (75 % of them in St. Louis) and brought in Brazilian executives from InBev — itself the result of a 2004 merger of Belgian beer maker Interbrew and Brazilian beer maker Ambev, which was the result of a 1999 merger between Brahma and Antarctica — to run things.
3G, which orchestrated Brazilian beer giant InBev's takeover of St. Louis mainstay Anheuser - Busch in 2008, promptly cut 1,400 jobs from the acquired company.