Argentina’s production ministry approved Anheuser Busch InBev NV plan to divest its brands in the country

Cleary Gottlieb Steen & Hamilton, Rosso Alba, Francia & Asociados, McDermott Will & Emery and Marval, O’Farrell & Mairal advised on the transaction

As part of the proposal from AB Inbev and CCU, which has operations in Argentina, AB Inbev would transfer the Isenbeck, Diosa, Norte, Iguana and Baltica brands, as well as the licenses to Warsteiner and Grolsch, to CCU. In turn, CCU would give the Argentina rights to the Budweiser brand to AB Inbev in exchange for a payment of up to $400 million over three years.

Anheuser-Busch InBev SA/NV manufactures alcoholic beverages. The company, led by Carlos Alves De Brito, Luis Felipe Pedreira Dutra Leite and Miguel Patricio in 2017 recorded €50 Billion Revenues.

Compañía Cervecerías Unidas S.A. operates as a beverage company principally in Chile, Argentina, Bolivia, Colombia, Paraguay, and Uruguay.

Cleary Gottlieb Steen & Hamilton advised Anheuser Busch InBev NV with Jeff Lewis (Picture), Juan Giráldez, Daniel Ilan, Jonathan Mendes de Oliveira, Daniel Chor, Shira Borzak and Katie Dunn.

Rosso Alba, Francia & Asociados advised Anheuser Busch InBev NV with Gerardo Francia, Jorge Oría and Gabriel Bouzat.

McDermott Will & Emery advised Compañía Cervecerías Unidas Argentina S.A. with Raymond Jacobsen, Jon Dubrow, Thomas Sauermilch, Ryan Leske and Min Lee.

Marval, O’Farrell & Mairal advised Compañía Cervecerías Unidas Argentina S.A. with Miguel del Pino, Luciano Ojea Quintana, Agustín Lentini, Gabriel Ariel Irizar, Agustina Redondo and Carla Antonella Boidi.

 

Involved fees earner: Gerardo Francia – Rosso Alba, Francia & Asociados; Miguel del Pino – Marval, O’Farrell & Mairal; Juan Agustin Lentini – Marval, O’Farrell & Mairal; Gabriela Ariel Irizar – Marval, O’Farrell & Mairal; Thomas Sauermilch – McDermott Will & Emery; Min Lee – McDermott Will & Emery; Raymond Jacobsen Jr. – McDermott Will & Emery; Jon Dubrow – McDermott Will & Emery; Ryan Lesk – McDermott Will & Emery; Jeffrey Lewis – Cleary Gottlieb Steen & Hamilton; Juan Giráldez – Cleary Gottlieb Steen & Hamilton; Jonathan Mendes de Oliveira – Cleary Gottlieb Steen & Hamilton; Daniel Chor – Cleary Gottlieb Steen & Hamilton; Daniel Ilan – Cleary Gottlieb Steen & Hamilton; Shira Borzak – Cleary Gottlieb Steen & Hamilton; Katie Dunn – Cleary Gottlieb Steen & Hamilton;

Law Firms: Rosso Alba, Francia & Asociados; Marval, O’Farrell & Mairal; McDermott Will & Emery; Cleary Gottlieb Steen & Hamilton;

Clients: Anheuser-Busch InBev; Compañía Cervecerías Unidas S.A.;