Tag Archive for 'Acquisitions'

InBev completes Budweiser merger

Thanks Elisabeth for the link.

“Effective today, InBev has changed its name to Anheuser-Busch InBev,” InBev said in a statement.

The new company will be one of the leading consumer products firms in the world.

Anheuser makes Budweiser – the most popular beer in the US – while InBev produces Stella Artois and Beck’s.

InBev agreed to sell its Labatt USA business and associated licenses to get approval from the US Justice Department on anti-trust grounds.

More here

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.
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