BNY Mellon Appointed as Depositary Bank by Anheuser-Busch InBev for its NYSE Listed Depositary Receipt Program
September 21 2009 - 8:00AM
PR Newswire (US)
Ticker symbol "BUD" returns to the New York Stock Exchange NEW
YORK, Sept. 21 /PRNewswire-FirstCall/ -- BNY Mellon, the global
leader in asset management and securities servicing, has been
selected by Anheuser-Busch InBev as the depositary bank for its
newly established U.S.-listed American depositary receipt (ADR)
program. Each AB InBev ADR represents one ordinary share and trades
on the New York Stock Exchange (NYSE) under the ticker symbol
"BUD." AB InBev's ordinary shares trade on the NYSE Euronext under
the symbol "ABI." Formed in November 2008 through the combination
of InBev and Anheuser-Busch, AB InBev is the leading global brewer
and one of the world's top five consumer products companies. AB
InBev holds the number one or number two position in more than 20
key markets and manages a portfolio of nearly 300 brands, including
global flagship brands Budweiser, Stella Artois and Beck's; fast
growing multi-country brands like Leffe and Hoegaarden; as well as
numerous local brands. Anheuser-Busch InBev also owns a 50 percent
direct and indirect equity interest in the operating subsidiary of
Grupo Modelo, the Mexican brewer and owner of the Corona brand.
Headquartered in Leuven, Belgium, Anheuser-Busch InBev has 120,000
employees in more than 30 countries worldwide. On a pro forma basis
for 2008, the company would have generated revenues of 39 billion
USD. For more information, visit http://www.ab-inbev.com/. "Listing
on the NYSE is another important step in facilitating broader
ownership of Anheuser-Busch InBev shares in the U.S. capital
markets and reflects the company's global presence. We are proud to
bring back to the NYSE the widely recognized 'BUD' symbol, which
now represents a truly global entity with brands such as Stella
Artois and Beck's, in addition to the iconic American brand
Budweiser," said Felipe Dutra, chief financial officer of
Anheuser-Busch InBev. "Anheuser-Busch InBev's decision to list
their ADRs on the NYSE exhibits long-term vision and commitment to
the U.S. capital markets and investors," said Michael Cole-Fontayn,
chief executive officer of BNY Mellon's Depositary Receipt
business. "We will continue to support Anheuser-Busch InBev's
efforts to build a successful and liquid ADR program with a set of
customized action plans that coincide with the strategic
initiatives dictated by management." BNY Mellon acts as depositary
for more than 2,100 American and global depositary receipt
programs, acting in partnership with leading companies from 67
countries. With an unrivalled commitment to helping securities
issuers succeed in the world's rapidly evolving financial markets,
the Company delivers the industry's most comprehensive suite of
integrated depositary receipt, corporate trust and stock transfer
services. Additional information is available at
http://www.bnymellon.com/dr. BNY Mellon is the corporate brand of
The Bank of New York Mellon Corporation (NYSE:BK). BNY Mellon is a
global financial services company focused on helping clients manage
and service their financial assets, operating in 34 countries and
serving more than 100 markets. The company is a leading provider of
financial services for institutions, corporations and
high-net-worth individuals, providing superior asset management and
wealth management, asset servicing, issuer services, clearing
services and treasury services through a worldwide client-focused
team. It has $20.7 trillion in assets under custody and
administration, $926 billion in assets under management, services
$11.8 trillion in outstanding debt, and processes global payments
averaging $1.8 trillion per day. Additional information is
available at bnymellon.com. This release is for informational
purposes only. BNY Mellon provides no advice nor recommendation or
endorsement with respect to any company or securities. Nothing
herein shall be deemed to constitute an offer to sell or a
solicitation of an offer to buy securities. Depositary Receipts:
Not FDIC, State or Federal Agency Insured; May Lose Value; No Bank,
State or Federal Agency Guarantee. DATASOURCE: BNY Mellon CONTACT:
Dori Flanagan, +1-212-815-2291, , or Joseph F. Ailinger, Jr,
+1-617-722-7571, Web Site: http://www.bnymellon.com/dr
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