Politics may hinder InBev's bid to buy Anheuser-Busch
Summary from multiple countries, from articles in English
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ST. LOUIS - Belgian brewer InBev is offering a big payday to shareholders of Anheuser-Busch Cos. Inc., but its bid to create the world's largest beer company is already facing a major obstacle - US election-year politics. (article 6)
The so-called King of Beers may be moving its throne overseas as the Anheuser-Busch Corp., which produces Budweiser beer, considers a takeover offer from Belgium-Brazilian beer company InBev. (article 1)
Anheuser-Busch reported late Wednesday that InBev SA gave it an unsolicited bid to buy the company for roughly $46 billion - about 11 per cent more than the market price just before the announcement. (article 5)
It's unclear whether senior Anheuser-Busch executives think the deal makes sense, but shareholders may be drawn to the offer - $65 a share, a steep premium over the company's closing price of $58.35 on Wednesday. (article 5)
" Anheuser-Busch said that its board of directors will evaluate the proposal carefully and in the context of all relevant factors, including Anheuser-Busch's long-term strategic plan the company said in a statement. (article 5)
On Wednesday, InBev, makers of Stella Artois and Becks, announced a $46 billion, $65-a-share bid for Anheuser-Busch, America's largest and perhaps most iconic brewery. (article 8)
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Other summaries about this story:
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Story keywords
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Anheuser, Busch, InBev, Brito, Budweiser |
Source articles
- ABC News: U.S. Beer Royalty May Move Abroad (ABCNews, 06/12/2008, 398 words)
- Politicians oppose Belgian bid for Anheuser-Busch (Washington Post, 06/11/2008, 414 words)
- Brewer Bids $46 Billion for Anheuser-Busch (nytimes.com, 06/12/2008, 855 words)
- Politics an obstacle for InBev's Anheuser-Busch bid :: CHICAGO SUN-TIMES :: Business (suntimes.com, 06/12/2008, 846 words)
- $46B US deal on the table for Anheuser-Busch (cbc.ca, 06/12/2008, 381 words)
- Politics may hinder InBev's bid to buy Anheuser-Busch (boston.com, 06/13/2008, 493 words)
- InBev offers $46.3b for Anheuser (boston.com, 06/12/2008, 166 words)
- The Brew-haha Over Budweiser (ABCNews, 06/12/2008, 716 words)
- Anheuser-Busch, Modelo in merger talks: report (Washington Post, 06/12/2008, 320 words)
- InBev courts Anheuser-Busch with mega-bid (Washington Post, 06/12/2008, 438 words)
- Brazilian team likely to retain control (ft.com, 06/12/2008, 398 words)
- FOXNEWS.COM HOME > U.S. (FOX News, 06/12/2008, 13 words)
- Consumer Goods Sector News (business.timesonline.co.uk, 06/13/2008, 356 words)
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