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Latest InBev NV Stories

2009-04-13 12:32:53

Belgian brewing company Anheuser-Busch InBev NV is considering selling its small town Pennsylvania brand Rolling Rock, sources said. Anheuser-Busch bought Rolling Rock three years ago from InBev NV for $82 million, The Wall Street Journal reported Monday. Last fall, InBev turned around and bought Anheuser-Busch for $52 billion. It is now selling assets to help cover some of the debt incurred in the deal, the newspaper said. Rolling Rock, whose slogan is Born Small Town has been struggling in...

2008-07-15 09:00:32

By Mike Hughlett, Chicago Tribune Jul. 15--The blockbuster buyout of Anheuser-Busch Cos. by InBev NV could serve up a new world for the beer industry, from little touches--more Brazilian beer in the U.S., for instance--to major corporate realignments. The new Anheuser-Busch InBev would be the world's biggest brewer, possibly pressuring its rivals, particularly SABMiller PLC, into making acquisitions in the relentless quest for economies of scale. SABMiller might be more tempted now to...

2008-07-14 18:00:06

THE US brewer Anheuser-Busch has finally accepted a GBP 25 billion takeover bid from Belgium-based InBev NV, creating the world's largest beer maker. InBev, which makes Stella Artois and Beck's, has agreed to pay GBP 35 per share for the makers of Budweiser, up from its original unsolicited bid of GBP 33 per share, both companies said today. The sweetened offer marked a 27 per cent premium to Anheuser's record-high stock price in October 2002. (c) 2008 Evening News; Edinburgh (UK)....

2008-07-14 09:00:05

By Juan Antonio Lizama, Richmond Times-Dispatch, Va. Jul. 14--Some Virginia leaders expressed concerns last night about the impact in Virginia of InBev NV's buyout of Anheuser-Busch Cos. "It's a jolt," said Hugh Keogh, president and chief executive officer of the Virginia Chamber of Commerce. "We have a great regard for [Anheuser-Busch]. I hope there won't be any distraction or disruption of employment." Keogh said Anheuser-Busch has been a significant investor in Virginia for nearly...

2008-07-14 03:00:02

By Juan Antonio Lizama, Richmond Times-Dispatch, Va. Jul. 14--Some Virginia leaders expressed concerns last night about the impact that InBev NV's reported buyout of Anheuser-Busch Cos. will have in the state. "It's a jolt," Hugh Keogh, president and chief executive officer of the Virginia Chamber of Commerce, said last night. "We have a great regard for [Anheuser-Busch]. I hope there won't be any distraction or disruption of employment." Keogh said Anheuser-Busch has been a significant...


Word of the Day
drawcansir
  • A blustering, bullying fellow; a pot-valiant braggart; a bully.
This word is named for Draw-Can-Sir, a character in George Villiers' 17th century play The Rehearsal.
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