InBev Closes Anheuser-Busch Takeover

posted on November 18, 2008 in Beer Commentary

According to the Associated Press and otehrs, InBev is reporting that the deal to acquire Anheuser-Busch is officially closed. Beginning today, the new company — Anheuser-Busch InBev — will be the largest beer company in the world and in the top 5 of “global consumer products companies.”

Anheuser-Busch InBev

Other accounts include more details, such as CNN Money, WGN Chicago, St. Louis Today .

From St. Louis Today:

InBev says its main goals — besides running its current operations — are to mesh the two big companies, pay off debt and deliver promised “synergies.” Those include $1.5 billion in cost cuts over three years.

They’ve already launched a new website under the new name, Anheuser-Busch InBev



Click here for more.

Share and Enjoy:
  • Digg
  • Sphinn
  • del.icio.us
  • Facebook
  • Mixx
  • Google Bookmarks
  • BlinkList
  • Fark
  • Reddit
  • Smarking
  • Spurl
  • TailRank
  • Technorati

No Comments »

No comments yet. Be the first!

RSS feed for comments on this post.

Leave a comment

Line and paragraph breaks automatic, e-mail address never displayed, HTML allowed: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>