Tag: beer
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AB InBev Attempts $103 Billion Takeover Of SABMiller
Anheuser-Busch InBev NV has raised its SABMiller takeover offer to GBP67 billion ($103 billion) from its previous proposal of roughly GBP65 billion. AB InBev is offering SABMiller’s shareholders GBP43.50 a share in cash — or a 48% premium to the company’s closing price on September 14. The proposed bid also offers a partial share alternative […]
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Budweiser Is Attempting To Buy Miller And Shares Are Soaring
Anheuser-Busch InBev NV is making a $93 billion play to acquire SABMiller Plc. If successful the two biggest beermakers in the world would combine to control nearly half of the brewing industry’s profits. Shares at both companies jumped on news of the possible buyout. SABMiller shares rose 23 percent for a market valuation of approximately $93 […]
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UK Beermakers Hope Innovative New Beers will Float Sales
The BBC today has a good article on how beermakers are hoping to combat falling sales through innovative products. Though the article targets Great Britain, similar strategies could be used in the US: Overall UK beer sales are falling, with about 161 million fewer pints sold in pubs between July and September compared with the […]