Monthly Archive for July, 2008

Beer leads the pack over wine

by Jeffrey M. Jones

PRINCETON, NJ — Beer has regained a comfortable margin over wine when U.S. drinkers are asked to name which alcoholic beverage they most often drink. In recent years, wine had narrowed the gap, including pulling slightly ahead in 2005 (though not by a significant margin), but for the first time since 2002, beer enjoys a better-than-double-digit advantage over wine.
Continue reading ‘Beer leads the pack over wine’

InBev agrees to buy Anheuser for $50 billion

PHILADELPHIA/NEW YORK (Reuters) – U.S. brewer Anheuser-Busch Cos Inc (NYSE:BUDNews) agreed to a $50 billion takeover by Belgium-based InBev NV (Brussels:INTB.BRNews), a source familiar with the situation said on Sunday, creating the world’s largest beer maker.

InBev, the maker of Stella Artois, and Budweiser-brewer Anheuser were not immediately available to comment.

The combined company will be called Anheuser-Busch InBev, said the sources, who agreed to speak on condition of anonymity. Anheuser will get seats on the new company’s board, the sources said, but it was not immediately clear how many.
Continue reading ‘InBev agrees to buy Anheuser for $50 billion’