As expected, AB InBev (BUD +1.65%) wins the race for Cerveceria Nacional Dominicana - the maker of Presidente beer - agreeing to pay over $1.2B for a 51% stake. AB InBev is paying $1B to majority shareholder E. Leon Jimenes for a 41.8% holding, and $237M to Heineken (HINKY.PK), which had been a suitor, for it 9.3%.
As expected, AB InBev (BUD +1.65%) wins the race for Cerveceria Nacional Dominicana - the maker...
Recommended For You
More Trending News
About BUD Stock
Related Stocks
Symbol | Last Price | % Chg |
---|---|---|
BUD | - | - |
Anheuser-Busch InBev SA/NV |