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Anheuser-Busch pulls back some more in Russia

Mar. 25, 2014 1:15 PM ETAnheuser-Busch InBev SA/NV (BUD) StockBUDBy: Clark Schultz, SA News Editor4 Comments
  • Anheuser-Busch InBev (BUD +1.2%) says it will close another brewery in Russia due to soft demand.
  • Beer sales in Russia have fallen apart over the last five years as excise taxes have spiked.
  • The global beer giant has already closed two plants in Russia.

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