BNY Mellon Shareowner Services, a provider of equity administration services, provides equity paying agent support for InBev’s acquisition of Anheuser-Busch, to form Anheuser-Busch InBev.
Representing a large cash merger and requiring a high level of cross border expertise, the $52 billion transaction closed on 18 November 2008. As InBev’s equity paying agent for this transaction, BNY Mellon Shareowner Services is coordinating the distribution of $70.00 per share to Anheuser Busch shareowners.
Anheuser-Busch InBev is a publicly traded company based in Leuven, Belgium. It is a brewer and significant consumer product company. On a pro-forma basis for 2007, the combined company would have generated revenues of $36.1 billion.
“In choosing an equity paying agent for such an important transaction to our company, it was crucial for us to partner with an organization that shares our customer-centric philosophy and offers comprehensive services that would help ensure a successful transaction,” says Andre van der Toorn, director of Global Funding & Treasury Operations for Anheuser-Busch InBev. “Given their experience with multi-billion dollar transactions and solid reputation with our key legal and investment banking advisors, we were pleased to build on our long-standing relationship with The Bank of New York Mellon.”
“This mandate demonstrates how our transaction expertise and client focus enable us to align our service delivery with the needs of our clients and their shareowners,” says Gretchen Mohen, president, BNY Mellon Shareowner Services. “Beyond making sure we could provide the required services and technology, we also listened to InBev’s objectives for this historic transaction, and drew on our in-depth experience to design the appropriate solution. We’re proud to be adding equity paying agent support to the extensive list of services that Anheuser-Busch InBev receives from The Bank of New York Mellon.”
L.D.