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The Americas
InBev was lucky to secure such a large loan to finance its takeover of Anheuser-Busch. Banks are currently imposing much more stringent conditions for corporate borrowers, in a reversal of the balance of power during the years of plentiful credit.
The Americas
Although the U.S. beer market has seen scant growth in recent years, Anheuser-Busch Cos. posted a 1.8 percent increase in second-quarter net income as the company boosted its dividend 12 percent ahead of its planned takeover by InBev and announced planned price increases this fall on 85 percent of its U.S. beer volume.
The Americas
With the closure of the Goose Island Brewpub in Chicago’s Lincoln Park, the Siebel Institute has had to find a new classroom – which it has: in its office building.
The Americas
The announcement of the USD 52 billion sale of Anheuser-Busch to InBev on 14 July 2008 throws the future of ten Anheuser-Busch amusement and water parks into the air, including that of several other businesses which InBev may consider as “non core”.
The Americas
What’s more interesting – gaining insight into U.S. consumer habits or learning more about beverage trends in the U.S.? Actually, both. That’s why attending the 2008 Beverage Forum in New York proved insightful, especially to foreigners.
The Americas
If rumours are true that did the rounds in the United States last week, then Grupo Modelo was close to selling its shares to Anheuser-Busch in order to save its Big Brother from InBev´s unsolicited attention.
The Americas
Although last week InBev and Anheuser-Busch were still in loggerheads over some legal quibbles and it seemed that the hostilities could drag on well into the final weeks of the U.S. presidential campaign, the shareholders of Anheuser-Busch decided that enough was enough and pushed Anheuser-Busch towards accepting a sale. That way they prevented Anheuser-Busch and its brands from suffering any irreparable damage.
The Americas
Fruit beverages, long a staple of Americans´ beverage diet, have struggled to keep up with changes in the marketplace, a new report by the Beverage Marketing Corporation says.
The Americas
On 26 June 2008 Coca-Cola FEMSA, the largest Coca-Cola bottler in Latin America, announced that it has successfully closed a transaction with The Coca-Cola Company to acquire its Refrigerantes Minas Gerais Ltda. (“Remil”) franchise territory. The transaction valued at USD 364.1 million, is subject to the customary approval of the antitrust local authorities.
The Americas
August Busch IV and Carlos Fernandez have very little in common, except that they got their jobs at their respective companies the same way: because they are family.
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