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Compania Cervecerias Unidas ADR Representing Two Ord Shs V.CCU


Primary Symbol: CCU

Compania Cervecerias Unidas S.A. is a diversified beverage company operating principally in Chile, Argentina, Bolivia, Colombia, Paraguay and Uruguay. The Company operates as a brewer, soft drinks producer, water and nectar producer, wine producer and pisco distributor. The Company's segments include Chile, International Business and Wine. The Company carries a portfolio of products, which includes a range of brands of alcoholic and non-alcoholic beer, with Cristal as its primary brand in Chile. In addition, it produces and distributes Heineken beer; distributes Sol beer and Budweiser beer, and distributes and produces Kunstmann and Austral beer in Chile. The International Business segment includes operations in Argentina, Paraguay and Uruguay. The Company, through Vina San Pedro Tarapaca S.A. (VSPT), produces and markets a range of wine products for the domestic and mainly the export market.


NYSE:CCU - Post by User

Comment by bencolderon Jun 30, 2007 11:09am
198 Views
Post# 13023469

RE: conference call

RE: conference callRed, I hope you didn't interpret my last message to indicate the company was for sale. That is emphatically not the case. Pat, in response to a question about finding a new president, was queried as to what would happen if no suitable applicant could be found. The questioner then asked if this were the case, could the company be sold, and Pat admitted it would be one possibility. Bear in mind that Pat believes that a lot of suitable candidates are available due to recent consolidation in the mining industry. The call can still be accessed if anyone wishes to draw their own conclusions on this matter.
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