Ex-Brazil finance minister says Ambev bribed two former presidents - report [Reuters (UK)]
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Ex-Brazil finance minister says Ambev bribed two former presidents: report - Reuters 2 Min Read RIO DE JANEIRO (Reuters) - A jailed former finance minister in Brazil has said in plea bargain testimony that beverage giant Ambev SA ( ABEV3.SA ) made “inappropriate payments” to former presidents Luiz Inácio Lula da Silva and Dilma Rousseff, according to a newspaper report. Brazilian newspaper Estado de S. Paulo, citing confidential court documents, said former Finance Minister Antonio Palocci told federal police he also personally received payments from the company that he said were aimed at preventing an increase in beverage taxes. The newspaper said it was the first time Ambev, the Latin American and Canadian subsidiary of Anheuser Busch Inbev NV ( ABI.BR ) and one of Brazil’s largest companies, has been caught up in the massive, multi-year corruption probe known as Operation Car Wash. Ambev shares were down 2.3% in early trading on the Sao Paulo stock exchange. Representatives for
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ABEV
News
- Ambev S.A. (<a href="https://www.marketbeat.com/stocks/NYSE/ABEV/price-target/">NYSE: ABEV</a>) is now covered by analysts at Scotiabank. They set an "outperform" rating on the stock.MarketBeat
- Ambev’s 2020 Annual Report on Form 20-F Available on Our WebsiteGlobeNewswire
- Ambev S.A. (<a href="https://www.marketbeat.com/stocks/NYSE/ABEV/price-target/">NYSE: ABEV</a>) was upgraded by analysts at Bradesco Corretora from an "underperform" rating to a "neutral" rating.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 SA. (ABEV) CEO Jean Jereissati on Q4 2020 Results - Earnings Call Transcript [Seeking Alpha]Seeking Alpha
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ABEV
SEC Filings
- 4/9/21 - Form 6-K
- 4/9/21 - Form 6-K
- 3/29/21 - Form 6-K
- ABEV's page on the SEC website
- More