2020 Interim Report
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Anheuser-Busch Inbev
Our Dream: Anheuser-Busch InBev Annual Report 2014 1 ABOUT ANHEUSER-BUSCH INBEV Best Beer Company Bringing People Together For a Better World Contents 1 Our Manifesto 2 Letter to Shareholders 6 Strong Strategic Foundation 20 Growth Driven Platforms 36 Dream-People-Culture 42 Bringing People Together For a Better World 49 Financial Report 155 Corporate Governance Statement Open the foldout for an overview of our financial performance. A nheuser-Busch InBev Annual / 2014 Report Anheuser-Busch InBev 2014 Annual Report ab-inbev.com Our Dream: Anheuser-Busch InBev Annual Report 2014 1 ABOUT ANHEUSER-BUSCH INBEV Best Beer Company Bringing People Together For a Better World Contents 1 Our Manifesto 2 Letter to Shareholders 6 Strong Strategic Foundation 20 Growth Driven Platforms 36 Dream-People-Culture 42 Bringing People Together For a Better World 49 Financial Report 155 Corporate Governance Statement Open the foldout for an overview of our financial performance. A nheuser-Busch InBev Annual / 2014 Report Anheuser-Busch InBev 2014 Annual Report ab-inbev.com Anheuser-Busch InBev Annual Report 2014 1 ABOUT ANHEUSER-BUSCH INBEV About Revenue was Focus Brand volume EBITDA grew 6.6% Normalized profit Net debt to EBITDA 47 063 million USD, increased 2.2% and to 18 542 million USD, attributable to equity was 2.27 times. Anheuser-Busch InBev an organic increase accounted for 68% of and EBITDA margin holders rose 11.7% Driving Change For of 5.9%, and our own beer volume. was up 25 basis points in nominal terms to Anheuser-Busch InBev (Euronext: ABI, NYSE: BUD) is the leading AB InBev’s dedication to heritage and quality originates from revenue/hl rose 5.3%. -
Rising to Every Occasion
Anheuser-Busch InBev 2017 Annual Report Rising to every occasion Hanging Night out Casual out with drink friends Barbecue Happy hour Holiday Enjoying the time outdoors Relaxing Brunch at home Music Watching festival sports Eating Dinner out Post- workout party Casual Special dining meal We are creating more occasions to bring people together We strive to understand We unite nearly 200,000 consumers’ preferences exceptional people around and create new occasions our passion for brewing and experiences. the highest-quality beer. We believe in celebrating Our economic contribution life. Through sports, music helps build communities and culture and, more and improves livelihoods. simply, friendships. We see countless new As the leading friendships, connections brewer, we take our and experiences built responsibility as a on a shared love of beer. steward of the industry very seriously. Anheuser-Busch InBev 2017 Annual Report Contents 2 Letter to our shareholders 6 Global footprint 8 Delivering growth 22 Uniting through our passion 30 Creating a better world 43 Financial report 149 Corporate governance statement Open the foldout for an overview of our financial performance. 1 Anheuser-Busch InBev (Euronext: ABI; continents and generations. From our Michelob Ultra®, Modelo Especial®, NYSE: BUD; MEXBOL: ABI; JSE: ANB) European roots at the Den Hoorn brewery Quilmes®, Victoria ®, Victoria Bitter ®, is the leading global brewer and one in Leuven, Belgium. To the pioneering Sedrin, Sibirskaya Korona® and Skol®. of the world’s top 5 consumer products spirit of the Anheuser & Co brewery in We are building a company to last. companies. We are geographically St. Louis, US. To the creation of the Castle Not just for a decade. -
SECURITIES and EXCHANGE COMMISSION Washington, D.C
OPERATOR: URGENT — READ THE COMMENT NOW!!! And don’t mess with the Delay Codes! UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 20-F/A (Amendment No. 1) ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 for the fiscal year ended December 31, 1999 Commission file number 1-14630 COMPANHIA CERVEJARIA BRAHMA (Exact name of Registrant as specified in its charter) BRAHMA BREWING COMPANY (Translation of registrant’s name into English) Federative Republic of Brazil (Jurisdiction of incorporation or organization) Avenida Maria Coelho Aguiar, 215, Bloco F, 6/ andar 05804-900 São Paulo, SP, Brazil Telephone (55-11) 3741-7000 (Address of principal executive offices) Securities registered or to b e registered p ursuant to Section 12(b ) of the Act. Name of each exchange Title of each class on which registered Preferred shares, no par value per share, each New York Stock Exchange represented by American Depositary Shares Common shares, no par value per share, each New York Stock Exchange represented by American Depositary Shares Securities registered or to b e registered p ursuant to Section 12(g) of the Act. None (Title of Class) Securities for which there is a rep orting obligation pursuant to Section 15(d) of the A ct. None (Title of Class) Indicate the number of outstanding shares of each of the issuer’s classes of capital or common stock as of the close of the period covered by the annual report. 4,287,944,559 Preferred shares, no par value per share 2,635,679,468 Common shares, no par value per share Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the Registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. -
The Hostile Takeover of Anheuser-Busch, an American Icon
ffirs.indd iv 9/9/11 11:04:00 AM Praise for Dethroning the King “A Foolish Book Recommendation for July.” —The Motley Fool “How the Busch clan lost control of an iconic American beer company. If ever an American company represented the land of milk and honey for corporate execu- tives it was Anheuser-Busch . For decades a palace of well-paid vice presidents in cushy offi ces presided over the manufacture of Budweiser, America’s beer, in that most American of cities, St. Louis. ‘Few companies on earth were more evocative of America, with all of its history and iconography, than Anheuser- Busch,’ writes veteran Financial Times journalist Julie MacIntosh in her strenu- ously reported book, Dethroning the King: The Hostile Takeover of Anheuser-Busch, an American Icon. As the title suggests, the reign of the King of Beers ended in the summer of 2008, when the company merged with the Brazil-based brew- ing giant InBev, an outfi t about as culturally different from Anheuser-Busch as one could imagine. At $70 a share, or $52 billion, it was the largest all-cash acquisition in history and even more noteworthy because it occurred during the gathering storm of a global fi nancial collapse . When growth-hungry InBev arrives on the scene, a company so lean and cost-conscious that they’re called the Walmart of brewers, all hell breaks loose at the complacent Anheuser-Busch headquarters. The Brazilians make a pitch of $43 billion in what’s known on Wall Street as a “bear hug”—an offer so generous that the recipient can’t refuse. -
Anheuser-Busch Inbev Sa – Das Bierimperium Schlägt Zurück!
06.07.20 ANHEUSER-BUSCH INBEV SA – DAS BIERIMPERIUM SCHLÄGT ZURÜCK! 130,00 € Allzeithoch: 122€ (Nov. 2015) Aktueller Kurs: 46€ (Juli 2020) 13,00 € 1 © Gewinnerportfolio 06.07.20 ÜBERBLICK Wer auf dieser Welt gerne unterschiedliche Biere genießt und gelegentlich aufs Etikett schaut, der wird immer wieder auf einen Namen stoßen. Die Rede ist von DEM Bierimperium schlechthin: Anheuser-Busch InBev SA – kurz AB InBev. Quelle: AB InBev Als unangefochtener Weltmarktführer braute der belgisch-brasilianische Konzern mit Sitz im belgischen Löwen allein im Jahr 2019 über 561 Millionen Hektoliter Bier. Daraus resultierte ein Umsatz von 52 Mrd. USD und ein Nettogewinn von über 9 Mrd. USD. Mit mehr als 630 Biermarken im Angebot – darunter acht der zehn weltweit umsatzstärksten Marken – ist AB InBev mittlerweile der größte Player in der globalen Getränkeindustrie. Während der gesamte Konzern aus zahlreichen Übernahmen kleinerer und größerer Brauereien hervorging, gelang im Jahr 2016 der Mega-Deal: AB InBev, damals bereits Weltmarktführer, schluckt die Nummer 2 der Bierindustrie SAB Miller für über 100 Mrd. US- Dollar und schafft sich damit endgültig den Ruf als uneinholbarer Bier-Champion. Trotz der enormen Marktmacht und dem Status als profitabelstes Konsumgüterunternehmen der Welt mit einer operativen Gewinnmarge von überwältigenden 31% verbreitet der Blick auf die Kursentwicklung seit dem Königskauf 2016 bei den meisten Aktionären nur noch Katerstimmung. Was ist los beim Übernahmespezialisten? Ist AB InBev mittlerweile ein träge sinkendes Bier-Schiff oder ein unterschätzter Gigant mit enormem Aufholpotenzial und berauschenden Zukunftsaussichten? Das erfährst du in der folgenden Analyse. 2 © Gewinnerportfolio 06.07.20 Für Bier-Interessierte vorher aber noch ein kleiner Exkurs in die Geschichte des Biers. -
A King of Beers?
A KING OF BEERS? CONCENTRATION OF POWER OVER AMERICA’S ALCOHOL MARKETS IS BAD FOR CONSUMERS. IT ALSO IMPERILS CONSTITUTIONAL AND MORAL BALANCES. A REPORT BY THE MARKETS, ENTERPRISE, AND RESILIENCY INITIATIVE NEW AMERICA FOUNDATION December 2012 CONTENTS EXECUTIVE SUMMARY …………………………………………………………………………………………………..……..i I. A NOTE ON MARKETS AND MORALITY .…………………………………………………………………….……………1 II. THE DANGERS OF MONOPOLY ..……………………………………………………….………………………….………3 III. THE MARCH TO MONOPOLY …..……..………………………………………………………….………………………7 IV. GUTTING THE MIDDLE TIER ……..…………………………………………………………………………………….14 V. LAST CALL …………………....……..………………………………………………………………………………………23 VI. REFERENCES ……….……………………………………………..……………………………………………………….24 EXECUTIVE SUMMARY In some respects, America’s market for beer has never looked healthier. Where fewer than a hundred brewers operated a generation ago, we now can count more than 2,000, producing a mind-boggling variety of beers. Yet just below this drinkers’ paradise, we see a market that has never been more closed. Two giant firms — Anheuser-Busch Inbev and MillerCoors — now control some 90 percent of production. At the same time, a few giant retailers — led by Costco — are rolling up control over sales. This concentration is already diminishing real variety in much of the country. Worse, the giants are breaking down a decades-old regulatory regime designed to ensure local control over alcohol sales and to prevent big companies from pushing cheap alcohol onto society. These changes hurt almost all Americans. For consumers, it will become harder to get that special craft beer. For independent brewers, it will become harder to get to market and to scale up business. For society, it will become harder to control where, when, how, and to whom beer and liquor is sold, and at what price. -
21Nov200819011210
21NOV200819011210 ANHEUSER-BUSCH INBEV SA/NV (a public limited liability company with registered office at Grand-Place/Grote Markt 1, 1000 Brussels, Belgium) BRANDBREW S.A. (a company incorporated under the laws of the Grand Duchy of Luxembourg with registered office at 5, Parc d’Activit´e Syrdall, L-5365 Munsbach,¨ registered with the Luxembourg Register of Commerce and Companies under number B-75696) as Issuers on the basis set out below E10,000,000,000 Euro Medium Term Note Programme unconditionally and irrevocably guaranteed by AMBREW S.A. (a soci´et´e anonyme with registered office at 5, Parc d’Activit´e Syrdall, L-5365 Munsbach,¨ registered with the Luxembourg Register of Commerce and Companies under number B-99525) ANHEUSER-BUSCH COMPANIES, INC. (a company incorporated in the State of Delaware with registered office at 1209 Orange Street, Wilmington, Delaware 19801) ANHEUSER-BUSCH INBEV SA/NV (a public limited liability company with registered office at Grand-Place/Grote Markt 1, 1000 Brussels, Belgium) ANHEUSER-BUSCH INBEV WORLDWIDE INC. (a company incorporated in the State of Delaware with registered office at 1209 Orange Street, Wilmington, Delaware 19801) BRANDBREW S.A. (a company incorporated under the laws of the Grand Duchy of Luxembourg with registered office at 5, Parc d’Activit´e Syrdall, L-5365 Munsbach,¨ registered with the Luxembourg Register of Commerce and Companies under number B-75696) COBREW NV/SA (a Belgian public limited liability company with registered office at Brouwerijplein 1, 3000 Leuven, Belgium) INBEV BELGIUM NV/SA (a Belgian public limited liability company with registered office at 21, Boulevard Industriel, 1070 Brussels (Anderlecht)) INBEV FRANCE S.A.S. -
Bringing People Together
Budweiser is a proud sponsor of the FIFA Confederations Cup™, held every four years in advance of the FIFA World Cup™. Our association with foot- ball creates a powerful connection with fans and has helped drive Budweiser’s growth in Brazil and around the world. A nheuser - Busch Busch I nBev / 2 01 3 Annual Report Contents 1 Bringing People Together 2 Letter to Shareholders 6 Our Strategic Platform for Growth 20 Consumer Insights and Connections 30 Inspired by Innovation 36 Dream, People, Culture: The Source of Our Success 42 Toward a Better World 49 Financial Report 157 Corporate Governance Statement Open the foldout for an overview of our financial performance. ab-inbev.com Bringing People Together WorldReginfo - 201ac8e9-5fb9-4e86-ad32-77c281c3719a Anheuser-Busch InBev / 2013 Annual Report Budweiser is a proud sponsor of the FIFA Confederations Cup™, held every four years in advance of the FIFA World Cup™. Our association with foot- ball creates a powerful connection with fans and has helped drive Budweiser’s growth in Brazil and around the world. A nheuser - Busch Busch I nBev / 2 01 3 Annual Report Contents 1 Bringing People Together 2 Letter to Shareholders 6 Our Strategic Platform for Growth 20 Consumer Insights and Connections 30 Inspired by Innovation 36 Dream, People, Culture: The Source of Our Success 42 Toward a Better World 49 Financial Report 157 Corporate Governance Statement Open the foldout for an overview of our financial performance. ab-inbev.com Bringing People Together WorldReginfo - 201ac8e9-5fb9-4e86-ad32-77c281c3719a Anheuser-Busch InBev / 2013 Annual Report Anheuser-Busch Annual Report / 1 InBev 2013 1/ When people get together over a beer, they’re not simply sharing a favorite beverage. -
The Beer Behemoth Abinbev - the Golden Eagle of Brewing
The Beer Behemoth ABInBev - The Golden Eagle of Brewing M.Sc. Finance and Investment Supervisor: Master Thesis Palle H. Nierhoff Date: 14.09.2016 Authors: Pages: 116/120 Caspar Wergeland Characters: 270.881/273.000 Nikolaj Grinsted The Beer Behemoth Caspar Wergeland & Nikolaj Grinsted Executive Summary ABInBev is the biggest brewing company in the world. Originated from a series of acquisitions it has grown into a real beer behemoth. With the backing of 3G Capital and its three founders Jorge Lemann, Carlos Sicupara and Marcel Telles these three Brazilians stand behind some of the biggest mergers in history. Growing companies through mergers and extensive cost-cutting have proven a successful strategy. Now the company is experiencing declining growth, as demand for beer has stagnated. SABMiller is the world’s second biggest brewing company. With roots in South Africa, they have through a series of mergers and acquisitions, built up the company to a major player in emerging markets. Local presence and advanced distribution networks have made this company a global player. With significant earnings in Latin America and Africa the company is present in many of the markets ABInBev is not. With growth stagnating ABInBev has sought to buy SABMiller for a record 104-billion-dollars. We have in this paper investigated if this value makes sense for an individual investor from the side of ABInBev. We have first done two valuations of the companies, and then merged them to see what synergies could be achieved. Our analysis shows SABMiller company that before the rumors of the merger is over-valuated. -
Anheuser-Busch Inbev SA/NV Form SC 13D/A Filed
SECURITIES AND EXCHANGE COMMISSION FORM SC 13D/A Schedule filed to report acquisition of beneficial ownership of 5% or more of a class of equity securities [amend] Filing Date: 2021-06-16 SEC Accession No. 0001193125-21-192182 (HTML Version on secdatabase.com) SUBJECT COMPANY Anheuser-Busch InBev SA/NV Mailing Address Business Address BROUWERIJPLEIN 1 BROUWERIJPLEIN 1 CIK:1668717| IRS No.: 000000000 | State of Incorp.:C9 | Fiscal Year End: 1231 LEUVEN C9 3000 LEUVEN C9 3000 Type: SC 13D/A | Act: 34 | File No.: 005-89670 | Film No.: 211022070 32(0)16276018 SIC: 2082 Malt beverages FILED BY BRC S.a.R.L. Mailing Address Business Address 73, COTE D'EICH 73, COTE D'EICH CIK:1301486| IRS No.: 000000000 | State of Incorp.:N4 | Fiscal Year End: 1231 LUXEMBOURG N4 L-1450 LUXEMBOURG N4 L-1450 Type: SC 13D/A 352-40-45-46 Copyright © 2021 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D Under the Securities Exchange Act of 1934 (Amendment No. 1)* Anheuser-Busch InBev SA/NV (Name of Issuer) Ordinary Shares, without par value American Depositary Shares, each of which represents 1 (one) Ordinary Share, without par value, evidenced by American Depositary Receipts (Title of Class or Securities) 03524A108 (CUSIP Number for American Depositary Shares) John Horsfield-Bradbury Erik Adam Mr. Roberto Moses Thompson Sullivan & Cromwell LLP Eugénie Patri Sébastien S.A. BRC S.à.R.L. 1 New Fetter Lane 488 Route de Longwy, L-1940, 2 Boulevard de la Foire, London EC4A 1AN Luxembourg L 1528 Luxembourg England + 352 27 02 39 +352 2704-86 84 21 +44 20 7959-8900 (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communication) June 7, 2021 (Date of Event to Which This Filing Relates) If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box. -
AMBEV (Exact Name of Registrant As Specified in Its Charter)
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 20-F/A AMENDMENT NO. 1 ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2004 Commission file number: 1-15194 COMPANHIA DE BEBIDAS DAS AMÉRICAS - AMBEV (Exact name of Registrant as specified in its charter) American Beverage Company-AmBev Federative Republic of Brazil (Translation of Registrant’s name into English) (Jurisdiction of incorporation or organization) _____________________________ Rua Dr. Renato Paes de Barros, 1017, 4º andar 04530-001 São Paulo, SP, Brazil (Address of principal executive offices) _____________________________ Securities registered or to be registered pursuant to Section 12(b) of the Act: Name of each exchange Title of each class on which registered American Depositary Shares, New York Stock Exchange evidenced by American Depositary Receipts, each representing 100 Common Shares Common Shares, no par value* American Depositary Shares, New York Stock Exchange evidenced by American Depositary Receipts, each representing 100 Preferred Shares Preferred Shares, no par value* __________________ * Not for trading but only in connection with the registration of the American Depositary Shares, pursuant to the requirements of the Securities and Exchange Commission. Securities for which there is a reporting obligation pursuant to Section 15(d) of the Act: 10.5% Notes due December 2011 8.75% Notes due September 2013 The number of total outstanding shares of each of the issuer’s classes of capital or common stock as of May 31, 2005 was: 34,499,422,931 Common Shares 31,147,483,500 Preferred Shares Indicate by checkmark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. -
PUBLIC VERSION FILED ON: May 4, 2020
EFiled: May 04 2020 04:30PM EDT Transaction ID 65615297 Case No. 2019-0587-AGB IN THE COURT OF CHANCERY OF THE STATE OF DELAWARE CONSOLIDATED IN RE KRAFT HEINZ COMPANY C.A. No. 2019-0587-AGB DERIVATIVE LITIGATION PUBLIC VERSION FILED ON: May 4, 2020 CONSOLIDATED AMENDED VERIFIED STOCKHOLDER DERIVATIVE COMPLAINT Plaintiffs General Retirement System of the City of Detroit, Police & Fire Retirement System of the City of Detroit, and Erste Asset Management GmbH, by and through their undersigned counsel, submit this Consolidated Amended Verified Stockholder Derivative Complaint against the defendants named herein for breaches of fiduciary duty in their capacities as officers, directors, and/or controlling stockholders of The Kraft Heinz Company (“KHC” or the “Company”). The allegations of this Complaint are based on the knowledge of Plaintiffs as to themselves, and on information and belief, including the investigation of counsel, the review of publicly available information, and the review of books and records produced by KHC in response to Plaintiffs’ demands made under 8 Del. C. § 220 (“Section 220”), as to all other matters, all of which books and records are expressly incorporated by reference in this Complaint. For the avoidance of doubt, this incorporation by reference does not change the pleading standard applicable to any motion to dismiss that may be filed in this case. -1- PRELIMINARY STATEMENT 1. This action arises out of the misuse of material, non-public information and related breaches of fiduciary duty by KHC’s controlling stockholder, Brazilian- American global investment giant 3G Capital, Inc. (together with its affiliates, “3G”). 2.