Brazil's Ambev calls bribery allegations 'false and incoherent' [Reuters]
Ambev S.A. American Depositary Shares (Each representing 1 Common Share) (ABEV)
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Source: Reuters
Last ambev s.a. american depositary shares (each representing 1 common share) earnings: 2/28 04:00 pm
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US:NYSE Investor Relations: ri.ambev.com.br/mobile/default_mobile.asp?idioma=1&conta=44
Brazil's Ambev calls bribery allegations 'false and incoherent' RIO DE JANEIRO/SAO PAULO (Reuters) - Brazil’s Ambev SA ( ABEV3.SA Brazilian newspaper Estado de S. Paulo earlier reported that Antonio Palocci, a jailed former finance minister, had said in plea bargain testimony that the company made the payments to former presidents Luiz Inácio Lula da Silva and Dilma Rousseff. Palocci said he also received payments from the firm, according to the newspaper, which said it was the first time that Ambev, the Latin American and Canadian subsidiary of Anheuser Busch Inbev NV ( ABI.BR In a statement to Reuters, Ambev vigorously denied what it described as “false and incoherent” allegations. “False because we never made any inappropriate payments of any nature to receive undue benefits. And incoherent because, since 2015, the beverage sector has suffered through a major increase in (federal corporate) taxes, by around 60%, contradicting everything that was alleged.” Ambev shares were down 1.
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ABEV
News
- Ambev S.A. (<a href="https://www.marketbeat.com/stocks/NYSE/ABEV/price-target/">NYSE: ABEV</a>) was upgraded by analysts at TheStreet from a "c" rating to a "b-" rating.MarketBeat
- Ambev S.A. (<a href="https://www.marketbeat.com/stocks/NYSE/ABEV/price-target/">NYSE: ABEV</a>) is now covered by analysts at The Goldman Sachs Group, Inc.. They set a "sell" rating on the stock.MarketBeat
- Ambev S.A. (<a href="https://www.marketbeat.com/stocks/NYSE/ABEV/price-target/">NYSE: ABEV</a>) was downgraded by analysts at Zacks Investment Research from a "hold" rating to a "sell" rating.MarketBeat
- Ambev S.A. (ABEV) CEO Jean Jereissati on Q2 2021 Results - Earnings Call Transcript [Seeking Alpha]Seeking Alpha
- Ambev S.A. (<a href="https://www.marketbeat.com/stocks/NYSE/ABEV/price-target/">NYSE: ABEV</a>) was upgraded by analysts at Zacks Investment Research from a "sell" rating to a "hold" rating.MarketBeat
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ABEV
SEC Filings
- 9/17/21 - Form 6-K
- 9/9/21 - Form 6-K
- 9/9/21 - Form 6-K
- ABEV's page on the SEC website
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