(Reuters) - U.S. brewer Anheuser-Busch Cos Inc BUD is in active talks to sell itself to Belgian brewer InBev NV INTB in a friendly deal, the New York Times said on its website, citing people briefed on the matter. One source told the...
By Martinne Geller and Jessica Hall NEW YORK/PHILADELPHIA (Reuters) - InBev NV INTB sweetened its takeover offer for rival Anheuser-Busch Cos Inc BUD to $50 billion, finally luring the U.S. brewer into talks over a friendly deal, sources familiar with the situation ...
By Martinne Geller and Jessica Hall NEW YORK/PHILADELPHIA (Reuters UK) - Anheuser-Busch BUD has finally begun negotiations for a friendly merger with InBev INTB, a source familiar with the situation said on Friday, sending shares of both brewers up more than 7 percent. Anheuser, the maker...
AMSTERDAM (Reuters UK) - Dutch brewer Heineken HEIN plans to restate accounts for its newly acquired Scottish & Newcastle (S&N), a spokeswoman said on Monday, partially confirming a report in Britain's Sunday Telegraph. "We are assessing the assets we have bought and we are putting...
Lots of backslapping today now that Anheuser Bush has agreed to be taken over by Belgian brewer InBev. Lots of making nice after so much acrimony. Lots of reassurance to people in St. Louis and across the country that Busch will retain its identity, Budweiser (not Stella Artois, not Beck's)...
By Jessica Hall and Martinne Geller PHILADELPHIA/NEW YORK (Reuters UK) - U.S. brewer Anheuser-Busch Cos Inc BUD moved closer to a friendly, $50 billion (25 billion pounds) takeover by Belgium-based InBev NV INTB, sources familiar with the situation said on Sunday. An announcement could be made...
By Jessica Hall and Martinne Geller PHILADELPHIA/NEW YORK (Reuters) - U.S. brewer Anheuser-Busch Cos Inc BUD moved closer to a friendly, $50 billion takeover by Belgium-based InBev NV INTB, sources familiar with the situation said on Sunday. An announcement could be made as...
LONDON (Reuters UK) - Dutch brewer Heineken HEIN is set to restate profit for newly acquired Scottish & Newcastle (S&N) by as much as 10 percent, after finding discrepancies in its accounts, the Sunday Telegraph reported, citing analysts. Heineken executives have been meeting analysts to warn...
NEW YORK (Reuters UK) - U.S. brewer Anheuser-Busch BUD on Wednesday urged its shareholders to withhold consent to InBev INTB, which is trying to replace Anheuser's board of directors with its own slate, and to revoke any consent already given. Anheuser, the maker of Budweiser...
NEW YORK (Reuters UK) - SABMiller SAB chief executive Graham Mackay on Monday declined comment on whether the brewer has approached Mexican beermaker Grupo Model GMODELOC about a possible merger. Sources told Reuters last week that SABMiller, the world's largest brewer, had held informal discussions...
BRUSSELS (Reuters UK) - InBev INTB set in motion its plan to oust the board of reluctant bid target Anheuser-Busch BUD on Tuesday by sending a letter to the U.S. rival it has offered to buy for $46.3 billion (23.5 billion pounds). Belgium-based InBev said on...
By Martinne Geller and Martha Graybow NEW YORK (Reuters) - Anheuser-Busch Cos Inc BUD is suing InBev NV INTB in an attempt to slow its suitor's efforts to replace the U.S. brewer's board of directors, which rejected InBev's $46.3 billion takeover offer. In...
By Martinne Geller and Martha Graybow NEW YORK (Reuters UK) - Anheuser-Busch BUD is suing InBev INTB in an attempt to slow its suitor's efforts to replace the U.S. brewer's board of directors, which rejected InBev's $46.3 billion (23.5 pound) takeover offer. In the lawsuit, the...
By Philip Blenkinsop and David Lawsky BRUSSELS (Reuters UK) - InBev INTB increased pressure on reluctant takeover target Anheuser-Busch BUD on Monday with a plan to replace the U.S. rival's board of directors, which had rejected its $46.3 billion (23.5 billion pound) takeover offer. Belgium-based...
By Philip Blenkinsop and David Lawsky BRUSSELS (Reuters) - InBev NV INTB increased pressure on reluctant takeover target Anheuser-Busch Cos Inc BUD on Monday with a plan to replace the U.S. rival's board of directors, which had rejected its $46.3 billion takeover offer....
Stroh Brewery Company, the fourth-largest brewer in the United States, purchased the G. Heileman Brewing Company, the nation's fifth largest brewer. In order to improve the energy efficiency and performance of its beer cooling system in an environmentally-conscious manner, the Stroh Brewery project team developed a feasibility study based on...
LONDON (Reuters UK) - SABMiller SAB, the world's biggest brewer, lowered the beer volume growth target for one of its key regions, Latin America, on Monday due to softer consumer demand, especially in Colombia and Peru. The brewer is cutting its medium-term annual beer volume ...
By Martha Graybow NEW YORK (Reuters) - Anheuser-Busch Cos Inc's BUD board is in the hot seat after spurning a $46.3 billion takeover bid, facing questions over whether it is fulfilling its obligations to shareholders and not just the wishes of the brewer's...
Bass produces seven million barrels of beer a year, making it the second largest brewer in the UK with a 20 per cent share of the market. When Coors bought the business from Belgian brewer Interbrew in February 2002, it consolidated its position as one of the world's top 10...
FOOD AND BEVERAGE CLOSE-UP-8 June 2009-Hook & Ladder Brewing Touts GrowthC2008 - CloseUpMedia - newsdesk@closeupmedia.com Hook & Ladder Brewing Company, a Washington, D.C.-area venture started by a volunteer firefighter and his business-minded brother, is bucking negative economic trends and experiencing tremendous growth this year, despite the fact that...