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SANTIAGO, Chile, May 19, 2021 /PRNewswire/  Inversiones y Rentas S.A. ( IRSA ), a Chilean closely held corporation (
sociedad anónima cerrada), today commenced a tender offer (the Offer ) to purchase up to 16,390,172 issued and outstanding shares of common stock, no par value (the Shares and each a Share ), of Compañía Cervecerías Unidas S.A., an open stock corporation (
sociedad anónima abierta) organized under the laws of the Republic of Chile (the Company ), from all holders, wherever located, and whether they currently hold such Shares in the form of Shares or American Depositary Shares (the ADSs, and each an ADS ) of the Company (each representing two (2) Shares) for a purchase price of Ch$6,800 per Share (equivalent to Ch$13,600 per ADS), in cash, without interest (the Tender Offer Price ), upon the terms and subject to the conditions of the Offer.  The Offer is conducted in accordance with applicable Uni ....

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