Davis Polk advised the sole solicitation agent in connection with a solicitation of consents by SABMiller plc from the holders of its 6.625% guaranteed notes due August 15, 2033 to amend certain provisions of the fiscal and paying agency agreement governing the notes. The consent solicitation, which was undertaken in connection with Anheuser-Busch InBev’s takeover of SABMiller, has received the requisite majority of the noteholders to effect the proposed amendments.

SABMiller is one of the world’s largest brewers with more than 200 beer brands. The group’s wide portfolio includes global brands such as Pilsner Urquell, Peroni Nastro Azzurro, Miller Genuine Draft and Grolsch, as well as leading local brands such as Aguila (Colombia), Castle (South Africa), Miller Lite (USA), Snow (China), Tyskie (Poland) and Victoria Bitter (Australia). The group also has growing soft drinks businesses and is one of the largest bottlers and distributors of Coca-Cola products. SABMiller is a FTSE-100 company listed on the London and Johannesburg stock exchanges.

The Davis Polk corporate team included partner Paul E. Kumleben, counsel Radoslaw Michalak and associate Maxim Van de moortel. Partner John D. Paton, counsel Alon Gurfinkel and associate Veronica Orecharova provided U.S. tax advice. Partner Jonathan Cooklin and associate Dominic Foulkes provided U.K. tax advice. All members of the Davis Polk team are based in the London office.

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