InBev Says It Extended Offer Period for Quinsa Shares

InBev, the world's largest brewer and the maker of Stella Artois, Beck's and Brahma, said Friday it extended the period of the voluntary offer to buy out shares in Argentina's Quinsa to April 2.

The purchase price is $3.35 (2.53 euros) per class A share and $33.53 (25.22 euros) per class B share in cash.

Inbev said in January it planned to buy the shares in Quilmes Industrial, the brewer of Quilmes, Argentina's best-selling beer, that it does not already own. Quilmes is based in Luxembourg.