AC Bebidas concludes Share acquisition in Peru

AC Bebidas concludes Share acquisition in Peru

 

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AC Bebidas concludes Share acquisition in Peru

Monterrey, Mexico. September 26, 2018.-  Arca Continental, S.A.B. de C.V., the second largest Coca-Cola bottler in Latin America, reports that its subsidiary, AC Bebidas, S. de R.L. de C.V informed the market that it has signed a stock purchase agreement with Peru Beverage Limitada S.R.L., a subsidiary of The Coca-Cola Company, through which AC Bebidas acquired 223,774,704 common shares of Corporación Lindley S.A., with voting rights, and representing 38.52% of the common shares which are unlisted in the Registro Público del Mercado de Valores de la Superintendencia del Mercado de Valores de Perú. As a result of the purchase of these shares, AC Bebidas holds 99.78% of the Corporacion Lindley voting shares to date.

AC Bebidas paid a total of US$506,813,895 dollars to Peru Beverage Limitada for the purchase and transfer of the shares referred to above, which equates to US$2.26 dollars per share.

 

About Arca Continental

Arca Continental is a company dedicated to the production, distribution, and sale of non-alcoholic beverages which are brand names of The Coca-Cola Company as well as salty snacks under the brands of Bokados in Mexico, Inalecsa in Ecuador, and Wise and Deep River in the United States. With an outstanding track record of more than 92 years, Arca Continental is the second largest Coca-Cola bottling company in Latin America and one of the most important in the world. Within its Coca-Cola franchise, the company serves a population of more than 119 million in the northern and western parts of Mexico as well as Ecuador, Peru, the northern region of Argentina and the Southwestern U.S. Arca Continental is listed on the Mexican Stock Market under the ticker symbol "AC". For further information about Arca Continental, please visit www.arcacontal.com

 

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