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11 August 2008

InBev buys Anheuser-Busch

After a month-long pursuit that had turned increasingly hostile with both parties even enlisting the courts, InBev won over Anheuser-Busch with an all-cash offer of USD 70 per share, which values the biggest brewer in the United States at USD 52 billion. Anheuser-Busch’s CEO, August Busch IV, opposed the deal but owning less than 2 percent of Anheuser-Busch’s shares (together with his father, August Busch III) he did not have much of a choice when institutional shareholders told him they wanted to sell.

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