General Announcement::Heineken N.V. enters into agreement to acquire Brasil Kirin Holding S.A.

Issuer & Securities

Issuer/ Manager
HEINEKEN ASIA MTN PTE. LTD.
Securities
HA S$40M 4% N220107 - SG7U93952517 - 4BYB
Stapled Security
No

Announcement Details

Announcement Title
General Announcement
Date &Time of Broadcast
14-Feb-2017 01:57:01
Status
New
Announcement Sub Title
Heineken N.V. enters into agreement to acquire Brasil Kirin Holding S.A.
Announcement Reference
SG170214OTHR4XY2
Submitted By (Co./ Ind. Name)
Michael Fuchs
Designation
Corporate & Financial Communications Manager
Effective Date and Time of the event
13/02/2017 17:00:00
Description (Please provide a detailed description of the event in the box below)
Heineken N.V. ( HEINEKEN ) announces today that it has entered into an agreement with Kirin Holdings Company, Limited ( Kirin ) to acquire Brasil Kirin Holding S.A. ( Brasil Kirin ), one of the largest beer and soft drinks producers in Brazil. The transaction will transform HEINEKEN s existing business across the country by extending its footprint, increasing scale and further strengthening its brand portfolio. On closing, HEINEKEN will become the second largest beer company in Brazil, with a stronger commercial platform from which to capture future profitable growth in an exciting beer market.

Attachments

HNV press release 130217.pdf
Total size =68K