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Brazil's Ambev passes Peru, Colombia, Ecuador ops to AB InBev

Reuters

SAO PAULO (Reuters) - Brazilian drinks company Ambev SA (ABEV3.SA) agreed to hand off operations in Peru, Colombia and Ecuador to its parent company Anheuser-Busch InBev SA (ABI.BR), according to a securities filing on Thursday.

In return, Ambev will absorb the Panamanian operations of SABMiller PLC (SAB.L), which is in the process of being taken over by the Belgium-based AB InBev. The transfer of the Latin American assets is conditioned on the success of that merger.

(Reporting by Guillermo Parra-Bernal and Brad Haynes; Editing by Sandra Maler)