Extension of SABMiller offer in Peru
Following completion of the initial ten day offer period, SABMiller owned approximately 90% of the investment shares. The cost of shares acquired in the offer to date is approximately US$360 million at current exchange rates.
31/03/06 Brewing giant SABMiller has extended the offer for the investment shares (class I non-voting stock) of Unión de Cervecerías Peruanas Backus & Johnston S.A.A. to provide an additional opportunity for smaller retail shareholders to tender their shares. The offer which was due to expire on March 29, 2006 has been extended for a further five trading days to April 5, 2006.
Following completion of the initial ten day offer period, SABMiller owned approximately 90% of the investment shares. The cost of shares acquired in the offer to date is approximately US$360 million at current exchange rates.
Backus is Peru's largest brewer and is listed on the Lima Stock Exchange.
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