InBev, A-B rumors run hot
“Brew Blog” summarizes the skinny from the Financial Times that it looks InBev had plans for an outright takeover of Anheuser-Busch.
And the big question if InBev pulls the trigger on its bid is whether it will go hostile — and whether fifth-generation brewer August Busch IV will be willing to sell the company that bears the family name.
A highly detailed report in the Financial Times — which laid out the terms of the putative offer ($65 per share) as well as names of banks and advisers involved — notes that InBev approached August Busch IV in October about a deal.
An offer of $65 a share for A-B is a nearly 24% premium over Thursday’s closing price of $52.58.
InBev is looking pretty serious about this.
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