Amsterdam, 1 June 2017 - Heineken N.V. ('HEINEKEN') (EURONEXT: HEIA; OTCQX: HEINY) announces today the completion of the transaction to acquire Brasil Kirin Holding S.A. ('Brasil Kirin') from Kirin Holdings Company, Limited.
The closing of the transaction follows fulfilment of all conditions precedent as agreed on 13 February 2017, when HEINEKEN announced it had entered into an agreement to acquire Brasil Kirin. On 24 May 2017 HEINEKEN has received the required regulatory approval from the Brazilian Competition Authority (CADE) for the acquisition of Brasil Kirin. The transaction has been approved without any conditions.
As shared in the release on 13 February 2017 this transaction is expected to be dilutive to HEINEKEN's margin in 2017.
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HEINEKEN is the world's most international brewer. It is the leading developer and marketer of premium beer and cider brands. Led by the Heineken® brand, the Group has a powerful portfolio of more than 250 international, regional, local and specialty beers and ciders. We are committed to innovation, long-term brand investment, disciplined sales execution and focused cost management. Through "Brewing a Better World", sustainability is embedded in the business and delivers value for all stakeholders. HEINEKEN has a well-balanced geographic footprint with leadership positions in both developed and developing markets. We employ over 73,500 employees and operate more than 165 breweries, malteries, cider plants and other production facilities in more than 70 countries. Heineken N.V. and Heineken Holding N.V. shares trade on the Euronext in Amsterdam. Prices for the ordinary shares may be accessed on Bloomberg under the symbols HEIA NA and HEIO NA and on Reuters under HEIN.AS and HEIO.AS. HEINEKEN has two sponsored level 1 American Depositary Receipt (ADR) programmes: Heineken N.V. (OTCQX: HEINY) and Heineken Holding N.V. (OTCQX: HKHHY). Most recent information is available on HEINEKEN's website: www.theHEINEKENcompany.com and follow us on Twitter via @HEINEKENCorp.