Anheuser-Busch Inbev SA/NVNYSE
Advanced Chart
  • Thu, Jun. 9, 3:48 AM
    • MegaBrew is getting closer to a reality as AB InBev (NYSE:BUD) nears Chinese approval for its $107B takeover of SABMiller (OTCPK:SBMRY).
    • As part of the tie-up, the companies have agreed to divest the maker of Snow beer, the world's top-selling brand.
    • Approvals for both transactions could come as soon as this month, clearing one of the final hurdles for the largest beer deal in history.
    | Thu, Jun. 9, 3:48 AM | 1 Comment
  • Wed, May 25, 2:56 AM
    • U.S. antitrust officials are investigating Anheuser-Busch InBev (NYSE:BUD) over its new incentives that encourage independent distributors to sell more of its own beer brands at the expense of competing craft brews, Reuters reports.
    • AB Inbev introduced the program in late 2015, and authorities are looking into it as part of the antitrust review surrounding the beer giant's planned takeover of SABMiller, which was approved by the European Commission on Tuesday.
    | Wed, May 25, 2:56 AM
  • Thu, May 5, 2:09 AM
    • Following several delays, the Australian Competition and Consumer Commission has cleared Anheuser Busch Inbev's (NYSE:BUD) planned $100B takeover of rival SABMiller (OTCPK:SBMRY), stating the deal would not adversely affect the domestic market.
    • AB Inbev still expects to complete the purchase by the end of 2016, but has to secure antitrust clearance in Europe, where both it and its target are headquartered.
    | Thu, May 5, 2:09 AM | 1 Comment
  • Thu, Apr. 28, 1:57 PM
    • The Department of Justice is probing how it can assured that Anheuser-Busch InBev (NYSE:BUD) and MillerCoors (OTCPK:SBMRY, TAP) won't hold beer prices high through tacit collusion following the merger between A-B and SABMiller, according to CTFN.
    • Tacit collusion involves discrete strategies to prevent competition rather than direct communication over pricing.
    • Some academic studies have indicated that tacit price collusion occurred when SABMiller and Molson Coors merged U.S. operations back in 2007.
    • The independence of the distributor network in the U.S. in a post-MegaBrew world is also being evaluated.
    | Thu, Apr. 28, 1:57 PM | 3 Comments
  • Wed, Apr. 27, 12:19 PM
    • The merger between Anheuser-Busch InBev (BUD -0.4%) and SABMiller (OTCPK:SBMRY) is likely to be approved by the Australian Competition and Consumer Commission, sources tell CTFN.
    • The local market is seen having enough beer competition and M&A potential to withstand the long-awaited combination of beer giants.
    • A final decision from the ACCC is expected shortly after it extended its original decision date.
    • SABMiller ADRs stand at $60.85 vs. the post-MegBrew high of $62.60.
    | Wed, Apr. 27, 12:19 PM
  • Tue, Apr. 19, 3:32 AM
    • Anheuser-Busch InBev (NYSE:BUD) has accepted Asahi Group Holdings' (OTCPK:ASBRF) offer to buy the Peroni, Grolsch and Meantime beer brands for €2.55B ($2.9B), clearing another hurdle in its efforts to win regulatory approval for the $100B-plus takeover of SABMiller (OTCPK:SBMRY).
    • The purchase is conditional on the SABMiller deal going through, AB InBev said in a statement. The companies announced on Feb. 10 that Asahi had made a binding offer.
    | Tue, Apr. 19, 3:32 AM | 4 Comments
  • Mon, Apr. 4, 5:10 AM
    • South Africa's Competition Commission will fail to meet tomorrow's deadline for completing an investigation into Anheuser-Busch InBev's (NYSE:BUD) takeover of SABMiller (OTCPK:SBMRY) and will extend the probe.
    • "There is still work that needs to be done and a number of issues that needs to be considered," said Itumeleng Lesofe, spokesman for the antitrust regulator.
    • London-based SABMiller, which started selling brew to gold miners in Johannesburg in 1895, controls 90% of South Africa's beer market.
    | Mon, Apr. 4, 5:10 AM | 1 Comment
  • Wed, Feb. 10, 3:12 AM
    • Asahi Group Holdings (OTCPK:ASBRF) has agreed to buy SABMiller's (OTCPK:SBMRY) Peroni and Grolsch beer brands, which are seen as necessary MegaBrew casualties due to Anheuser-Busch's (NYSE:BUD) deep penetration in Europe.
    • Asahi, Japan's biggest brewer with 38% market share, is likely to pay over ¥400B ($3.5B) for the two labels, Nikkei reports.
    • An earlier line-up of bidders for Peroni and Grolsch included several private equity firms, conglomerates and other brewers.
    • Previously: Asahi ready to strike for Grolsch and Peroni (Jan. 11 2016)
    | Wed, Feb. 10, 3:12 AM | 3 Comments
  • Wed, Jan. 13, 6:34 AM
    | Wed, Jan. 13, 6:34 AM | 1 Comment
  • Dec. 9, 2015, 2:52 AM
    • The world's biggest brewer faced tough questions on Tuesday in a hearing of the Senate Judiciary Committee's antitrust subcommittee.
    • Lawmakers expressed concerns over AB InBev's (NYSE:BUD) plan to buy SABMiller (OTCPK:SBMRY), stating that the MegaBrew deal could hurt the fast-growing U.S. craft beer industry.
    • Despite the panel's worries, it will have no say on whether it goes ahead. That decision lies with the U.S. Justice Department.
    • Previously: Anheuser-Busch InBev execs in front of Senate committee today (Dec. 08 2015)
    • Previously: MegaBrew deal goes before Congress (Dec. 08 2015)
    | Dec. 9, 2015, 2:52 AM | 4 Comments
  • Dec. 8, 2015, 3:06 AM
    • The proposed $110B MegaBrew deal will get tested before Congress today, with AB InBev (NYSE:BUD) Chief Executive Carlos Brito and Molson Coors (NYSE:TAP) CEO Mark Hunter testifying before the Senate Judiciary Committee.
    • The panel will review how the merger of the world's two biggest beer producers, which could soon hold the No. 1 or No. 2 positions in 24 of the world's 30 largest beer markets, would affect competitors and consumers.
    • As part of the deal, AB InBev plans to sell SABMiller's (OTCPK:SBMRY) 58% stake in MillerCoors to Molson, and is exploring the sale of European brands Grolsch and Peroni.
    | Dec. 8, 2015, 3:06 AM | 3 Comments
  • Dec. 3, 2015, 4:08 AM
    • AB InBev (NYSE:BUD) has confirmed it's exploring the sale of a number of SABMiller (OTCPK:SBMRY) European premium brands to address regulatory issues ahead of a proposed tie-up.
    • The company will contact potential buyers in the coming weeks regarding beer brands Peroni, Grolsch and Meantime (a craft brewer bought by the British firm earlier this year).
    • Any sale would be conditional upon closing of the acquisition of SABMiller by AB InBev.
    • Previously: Grolsch and Peroni brands seen landing in Carlsberg's hands (Dec. 02 2015)
    • Previously: AB InBev to offload Peroni, Grolsch (Nov. 29 2015)
    | Dec. 3, 2015, 4:08 AM
  • Nov. 29, 2015, 11:03 AM
    • Anheuser-Busch InBev (NYSE:BUD) is aiming to head off European regulatory concerns over its proposed acquisition of SABMiller (OTCPK:SBMRY) by putting the Peroni and Grolsch labels that it would gain up for sale.
    • No price for the brands has yet been indicated, but according to the Sunday Times, the sale would fetch billions of pounds.
    • Potential buyers include Heineken (OTCQX:HEINY), Molson Coors (NYSE:TAP) and Ireland's C&C Group (OTCQX:CCGGY), makers of Bulmers and Magners ciders.
    • Previously: AB InBev, SABMiller seal MegaBrew deal (Nov. 11 2015)
    | Nov. 29, 2015, 11:03 AM | 7 Comments
  • Nov. 12, 2015, 3:21 AM
    • Just a day after sealing its MegaBrew deal, SABMiller (OTCPK:SBMRY) reported higher underlying sales and beverage volume for the second quarter, although EBITA fell 11% to $2.9B in the six months through September.
    • "We had a good first half, stripping out the effects of adverse exchange rates," Chief Executive Alan Clark said.
    • Meanwhile, AB InBev (NYSE:BUD) is lining up a $75B loan package to fund its acquisition of SABMiller, an arrangement that will likely save the brewing behemoth millions of dollars in fees.
    • Previously: AB InBev, SABMiller seal MegaBrew deal (Nov. 11 2015)
    | Nov. 12, 2015, 3:21 AM | 1 Comment
  • Nov. 11, 2015, 11:07 AM
    • There are some gentle gains across the beer sector after Anheuser-Busch InBev (BUD +1.1%) and SABMiller (OTCPK:SBMRY +2.2%) formalize their merger plan.
    • Heineken (OTCQX:HEINY +1.6%), Molson Coors (TAP +0.7%), Ambev (ABEV +0.9%), Carlsberg (OTCPK:CABGY +5.9%), Craft Brew Alliance (BREW +1.8%), and Boston Beer (SAM +0.2%) are showing increases of varying degrees.
    • Most analysts think the beer giants will make the necessary concessions to appease regulators in the U.S. and China. On SA, Chris DeMuth says the deal will extend the reach of the best operators in the business.
    • Molson Coors in particular is widely identified as a winner in the deal through its pickup of a full stake in MillerCoors. Still to play out is what beer company makes a bid for SABMiller's position in CR Snow in China. China Resources Beer Holdings (OTCPK:CRHKY, OTC:CRHKF) is the 51% owner of the alluring JV.
    • Previously: Molson Coors sees huge synergies down the road from MillerCoors deal (Nov. 11 2015)
    • Previously: AB InBev, SABMiller seal MegaBrew deal (Nov. 11 2015)
    | Nov. 11, 2015, 11:07 AM | 2 Comments
  • Nov. 11, 2015, 3:52 AM
    • AB InBev (NYSE:BUD) has submitted a formal offer to buy SABMiller (OTCPK:SBMRY) for £69.78B ($105.5B), a deal that creates a brewing behemoth and one of the largest mergers in corporate history.
    • Under terms of the agreement, SABMiller will sell a 58% stake in its MillerCoors joint venture to partner Molson Coors (NYSE:TAP) for $12B.
    • A combined AB Inbev/SABMiller would have controlled close to 70% of the U.S. beer market, so the sale of the U.S. division was seen as a concession to competition authorities.
    | Nov. 11, 2015, 3:52 AM | 17 Comments