Brahma and AmBev Schedule Shareholders' Meetings for September 14, 2000.

PR Newswire | August 30, 2000 | Copyright

SAO PAULO, Brazil, Aug. 29 /PRNewswire/ --

Companhia de Bebidas das Americas - AmBev announced that Brahma and AmBev have scheduled extraordinary shareholders' meetings, in which common shareholders of both companies will be asked to approve a transaction under which Brahma will become a wholly owned subsidiary of AmBev. In that transaction, each share of Brahma will be exchanged for one share of the same type and class of AmBev. This exchange ratio is the same announced on the July 1, 1999 release that announced the merger of Brahma and Antarctica.

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