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Anheuser-Busch Inbev SA/NV (BUD)

  • Tue, Oct. 6, 6:28 AM
    | Tue, Oct. 6, 6:28 AM | 13 Comments
  • Mon, Oct. 5, 9:12 AM
    • Anheuser-Busch InBev (NYSE:BUD) is closer to making its bid for SABMiller (OTCPK:SBMRY), according to Bloomberg's Jeffrey McCracken.
    • A-B is negotiating terms with SABMiller as it seeks a "friendly" takeover. Financing for the acquisition is believed to be lined up.
    • The waiting game has kept shares of Molson Coors (NYSE:TAP) trading in a relatively tight range of $82 to $84 as it looks for the green light to go after MillerCoors.
    | Mon, Oct. 5, 9:12 AM | 6 Comments
  • Tue, Sep. 29, 1:36 PM
    • Anheuser Busch InBev (BUD -1.5%) is close to lining up financing for its acquisition of SABMiller (OTCPK:SBMRY), sources tell Bloomberg.
    • The beer giant has Bank of America, Deutsche Bank, BNP Paribas, Societe Generale, and Banco Santander all bidding on the $50B to $70B in financing that it needs.
    • SABMiller rose 5% in London trading today on enthusiasm a deal is brewing.
    | Tue, Sep. 29, 1:36 PM | 3 Comments
  • Sun, Sep. 27, 9:08 PM
    • SABMiller (OTCPK:SBMRY) is pushing back against Anheuser-Busch InBev (NYSE:BUD) over a takeover price, according to The Sunday Times.
    • The extended negotiations between the beer giants could lead to an offer from A-B this week in the neighborhood of $106B-$1110B, a level which would make the deal the largest takeover of a British company ever.
    • A combination of A-B and SABMiller would bring 400 brands together under one house and lead to a ripple effect in the U.S. where MillerCoors could be set free.
    | Sun, Sep. 27, 9:08 PM | 10 Comments
  • Thu, Sep. 24, 1:19 PM
    • U.S. beer prices will be higher this fall, although the rate of increase will be lower than a year ago, according to a report from OTR Global.
    • Industry sources told the research firm that the industry is shifting to small incremental changes to avoid sticker shock with consumers.
    • Volumes were higher in July and August for most major U.S. beer producers.
    • OTR Global beer source: "My dollars are very strong as people shift to higher-end beers. Pricing is strong, and we will have an increase in late September."
    • Related stocks: BUD, TAP, SAM, OTCPK:SBMRY.
    | Thu, Sep. 24, 1:19 PM | Comment!
  • Wed, Sep. 23, 12:48 PM
    • Anheuser-Busch InBev (BUD -0.1%) snaps up Golden Road Brewing for an undisclosed amount. The deal is expected to close in Q4.
    • The acquisition of Golden Road extends a string of craft brewery investments from A-B for its high-end business unit.
    • California-based Golden Road is on pace to sell 45K barrels of beer this year. Though Golden Road's beer volume is on the low side, every extra barrel that Anheuser-Busch InBev sells in the U.S. increases the odds it will have to divest MillerCoors if it can pull off the acquisition of SABMiller.
    | Wed, Sep. 23, 12:48 PM | 2 Comments
  • Tue, Sep. 22, 11:42 AM
    • Shares of Anheuser-Buch InBev (NYSE:BUD) are down 3.3% and now trade below where they did before the brewer's thirst for SABMiller was tipped last week. Uncertainty over how a deal would look has caused some investors to back away, say some analysts.
    • Molson Coors (TAP -2.5%) is also lower on the day, but trades with a robust deal premium (+17% since the story leaked) with a combination of A-B and SABMiller seen giving the company a solid chance at gaining full control of MillerCoors. Evercore ISI says Molson Coors already has financing lined up for a MillerCoors JV buyout and would forsake its investment grade status to get a deal in the hopper.
    | Tue, Sep. 22, 11:42 AM | 1 Comment
  • Sat, Sep. 19, 5:59 PM
    • Anheuser-Busch InBev (NYSE:BUD) is considering an audacious plan to switch its tax base to the UK if it can pull off the proposed £180B takeover of SABMiller (OTCPK:SBMRY).
    • Altria (NYSE:MO), which controls 27% of SAB Miller and three board seats, currently collects tax free dividends thanks to a U.S./UK treaty, which would die if the new company were based in Belgium.
    • BUD is current domiciled in Belgium, and has strong emotional ties to the country.
    • Source: Telegraph
    | Sat, Sep. 19, 5:59 PM | 36 Comments
  • Fri, Sep. 18, 7:18 AM
    • Analysts are raising the odds that Anheuser-Busch InBev (NYSE:BUD) can pull off a takeover of SABMiller (OTCPK:SBMRY) as major shareholders on both sides of the deal see value.
    • A-B is buying a strong emerging markets business at a level artificially-depressed by F/X swings, while SABMiller may be out of options in growing itself to a higher share price than the A-B offer.
    • Swinging a deal require the approval of two key SABMiller shareholders - Altria (NYSE:MO) owns 42% of the U.K.-based beer company and Columbian beer magnate Santo Domingo holds 15% of shares.
    | Fri, Sep. 18, 7:18 AM | 21 Comments
  • Thu, Sep. 17, 4:21 AM
    • The beer industry is calling it "Megabrew" - or the potential $275B merger between Anheuser-Busch InBev (NYSE:BUD) and SABMiller (OTCPK:SBMRY).
    • Word that SABMiller would receive an offer from its bigger rival triggered a beer stock rally yesterday, on hopes the potential takeover would prompt a number of follow-on deals as the two shed assets to win regulatory backing.
    • Separate from those approvals, Anheuser-Busch InBev must also win over a number of important players. Among them are two of SABMiller's biggest investors: Altria (NYSE:MO) and the Santo Domingos, one of the wealthiest families in Colombia.
    • Previously: Anheuser-Busch InBev rocks the food and beverage sector (Sep. 16 2015)
    • Previously: Beer stock rally with M&A on tap (Sep. 16 2015)
    • Previously: AB InBev prepping offer for SABMiller (Sep. 16 2015)
    | Thu, Sep. 17, 4:21 AM | 19 Comments
  • Wed, Sep. 16, 11:01 AM
    • A statement from Anheuser-Busch InBev (BUD +5%) indicates the company must make a formal offer for SABMiller (OTCPK:SBMRY +19.5%) before October 14 or take a pass on the mega-merger to stay in compliance with U.K. law.
    • There's a ripple effect with beer stocks circling the globe that includes distributors such as Compania Cervecerias Unidas (CCU +3.1%), Fomento Economico Mexicano (FMX +1.8%), AmBev (ABEV +2.1%).
    • Another intriguing aspect of a potential A-B takeover of SABMiller is the side effects on the food industry if 3G Capital is fully engaged on the deal. 3G is a major player in food mergers and a factor in how investors value companies such as Mondelez International (MDLZ +0.2%), PepsiCo (PEP +0.4%), TreeHouse Foods (THS +0.1%), Campbell Soup (CPB +1.9%), JM Smucker (SJM +1.1%), and other food names.
    • A-B InBev statement (.pdf)
    • Previously: AB InBev prepping offer for SABMiller
    • Previously: Beer stock rally with M&A on tap
    | Wed, Sep. 16, 11:01 AM | 7 Comments
  • Wed, Sep. 16, 9:56 AM
    | Wed, Sep. 16, 9:56 AM | 5 Comments
  • Wed, Sep. 16, 9:12 AM
    | Wed, Sep. 16, 9:12 AM | Comment!
  • Wed, Sep. 16, 6:25 AM
    • Anheuser-Busch InBev (NYSE:BUD) has informed rival SABMiller (OTCPK:SBMRY) that it intends to make an offer to acquire the British firm in a deal that would bring together the world's two largest beermakers.
    • "No proposal has yet been received and the board of SABMiller has no further details about the terms of any such proposal," the company said in a statement.
    • SABMiller shares +20.5% in London; BUD +5% premarket.
    | Wed, Sep. 16, 6:25 AM | 13 Comments
  • Tue, Sep. 15, 11:23 AM
    • Shares of SABMiller (OTCPK:SBMRY +2.2%) trade higher with some speculation making the rounds indicating Altria (MO +1.7%) pulled out of a Bank of America Merrill Lynch conference to follow up on a similar action by Anheuser-Busch InBev (BUD +0.2%).
    • A takeover of SABMiller by Anheuser-Busch InBev would benefit Altria with the tobacco company holding a 28% stake in SABMiller
    | Tue, Sep. 15, 11:23 AM | 31 Comments
  • Thu, Sep. 10, 4:02 PM
    • Anheuser-Busch InBev (NYSE:BUD) subsidiary Goose Island Beer Company acquires a majority stake in Virtue Cider for an undisclosed amount.
    • Virtue Cider is a craft cider specialist.
    • The cider upstart could broaden its distribution through the new partnership with Goose Island.
    | Thu, Sep. 10, 4:02 PM | Comment!
Company Description
Anheuser-Busch Inbev SA is engaged in the production, marketing, and distribution of beer. Its brand comprises of Budweiser, Corona and Stella Artois. It also manufactures non-alcoholic beverages such as bottle water and Ice tea.
Country: Belgium