real-time news and commentary for investors
Saturday, Jun 30
2012, 10:30 AM
Despite the steep price tag, analysts back Anheuser-Busch InBev's (BUD) full acquisition of...
Despite the steep price tag, analysts back Anheuser-Busch InBev's (BUD) full acquisition of Grupo Modelo that sent shockwaves across the industry and helps make BUD look like an enticing investment. By adding billion-dollar brands Corona Extra, Modelo Especial, and Victoria - the brewer finds a better synergistic mix than if had followed through with the rumored purchase of SABMiller (SBMRY.PK). In Mexico, A-B effectively boxes out Heineken (HINKY.PK), while divesting its Busch, Busch Light, and Natural Light brands to appease regulators should be painless.