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Anheuser-Busch Inbev SA/NV (BUD)

- NYSE
  • Sep. 16, 2014, 9:52 AM
    • Shares of Anheuser-Busch InBev (BUD -0.8%) are lower after some of the buzz over a potential merger with SABMiller (OTCPK:SBMRY) wears off. In Europe, shares of SBMRY are also tilting lower.
    • Analysis of the combination of the two beer giants is nearly evenly split. Some analysts think the regulatory hurdles are too high to clear, while others maintain that outside of the U.S. and China there's not a huge amount of overlap that would draw in regulators.
    • Stifel Nicolaus and Buckingham Research have both raised their price target on BUD, moving to $130 and $137 respectively.
    • MillerCoors (TAP -1%) is in a holding pattern. If the mega-merger goes through, the company is nearly assured of a new owner.
    • The wildcard: There's also still the chance that A-B could have the rug pulled out from under it if SABMiller improves its offer to Heineken (OTCQX:HEINY) to a level which wins over the controlling family.
    | Comment!
  • Sep. 15, 2014, 9:55 AM
    • Shares of SABMiller (OTCPK:SBMRY) are ripping in London trading with reports out that Anheuser-Busch InBev (BUD +3.2%) is talking to banks about coming up with financing for a bid.
    • SABMiller is more vulnerable after Heineken (OTCQX:HEINYrejected its buyout overture.
    • A deal between the beer giants would require significant divestiture massaging, possibly including SABMiller shedding its interest in MillerCoors (NYSE:TAP) in the U.S.
    • What to watch: A-B has to decide before the end of the year if its wants to renew a soft-drink bottling contract with PepsiCo. If the brewer declines, it could be an indication that it has its eyes on SABMiller's deal with Coca-Cola in Africa.
    • SBMRY +12.2%.
    | 1 Comment
  • Sep. 15, 2014, 7:28 AM
    • Anheuser-Busch InBev (NYSE:BUD) is talking to banks on financing an offer to purchase SABMiller (OTCPK:SBMRY), according to The Wall Street Journal.
    • A deal price for the long-rumored combination would be in the neighborhood of $122B.
    • Beer watch: Over the weekend, Heineken confirmed it rejected a takeover offer from SABMiller.
    • BUD +2.3% premarket to $113.50.
    | 2 Comments
  • Sep. 14, 2014, 10:30 AM
    • SABMiller (OTCPK:SBMRF) has been approached Heineken (OTCQX:HEINY) about a merger only to be rebuffed by the controlling Heinken family, reports Bloomberg.
    • Another mega-merger within the beer industry has been widely anticipated by analysts in order to line up regional strengths and weaknesses.
    • Related stocks: Anheuser-Busch InBev (NYSE:BUD), Diageo (NYSE:DEO), Carlsberg (OTCPK:CABGY), Molson Coors (NYSE:TAP), Boston Beer (NYSE:SAM).
    | 3 Comments
  • Sep. 4, 2014, 10:57 AM
    • Ryder (R +0.3%) announces a new deal with Anheuser-Busch (BUD +1.4%) which will see it supply the beer giant with 66 CNG-powered engines for its tractor fleet in Houston.
    • The CNG conversion is one of the largest in the U.S. from a heavy-haul shipping concern, and should lower costs for A-B.
    | Comment!
  • Jul. 31, 2014, 8:33 AM
    • Anheuser-Busch InBev (NYSE:BUD) reports revenue jumped 5% to $12.2B in Q2 with the World Cup generating significant volume momentum for the beer giant.
    • Net profit was up 72% to $2.61B as cost-cutting measures factored in and due to strong performances by the company in China and Brazil.
    • Beer volume was up 7.2% in Brazil to help A-B generate a 1% overall beer volume gain. Execs think a carry-over effect will play out into Q3.
    • Things weren't so rosy in the U.S. where the company lost market share in Q2. Beer volume in North America fell 3% Y/Y in Q2.
    • A-B's net debt is now up to $46.3B.
    • Shares of BUD are unchanged in premarket trading.
    | Comment!
  • Jul. 30, 2014, 5:30 PM
  • Jul. 13, 2014, 9:45 AM
    • Talk about a merger between Anheuser-Busch InBev (BUD) and SABMiller (SBMRY) has picked up again this summer with many industry insiders forecasting a deal between the beer giants will be completed this year or in 2015.
    • The combination would create a beer juggernaut that would account for close to 30% of global beer volume.
    • Deal on: It's SABMiller's presence in Africa and China that makes it attractive to A-B with execs knowing SABMiller's stake in MillerCoors would very likely need to be sold off to make the deal fly with regulators. Some analysts note the growth channels are vibrant enough to justify the deal premium. Massive synergies on the cost side also help make the math work out.
    • Deal off: SA contributor Tim McAleenan thinks the massive amount of debt that A-B would have to take on to buy SABMiller puts a deal out of reach. Buying at a market peak is also a tricky proposition.
    | 11 Comments
  • Jul. 11, 2014, 3:23 PM
    • Anheuser-Busch InBev (BUD -0.5%) increased spending on media ads for its "Ritas" products (Lime-A-Rita, Straw-Ber-Rita, Raz-Ber-Rita, etc.) by 437% to $11.8M last year, but is just getting started.
    • The company plans to make the flavored malt beverage an even larger focus in 2H and 2015 with a "significant" increase in the budget tied to it, according to execs.
    • Sales of the Ritas grew 55% to $498M for the 52 weeks ending June 15, good enough for 28% market share for A-B in the new category of progressive adult beverages.
    | 1 Comment
  • Jul. 10, 2014, 10:13 AM
    • Credit Suisse upgrades Heineken (HINKY) to a Neutral rating after having the beer seller slotted at Underperform.
    • Despite some sluggish volume, the so-called Big Beer stocks (SBMRY, BUD) have run up some gaudy gains this year off of benefits from consolidation in the industry. Many analysts think there's plenty of upside still left.
    | Comment!
  • Jul. 9, 2014, 11:12 AM
    • Russia will allow beer advertising until after the 2018 World Cup, reports Reuters.
    • The development is significant for Anheuser-Busch InBev (BUD +0.5%), Heineken (HINKY), Carlsberg (CABGY), and SABMiller (SBMRY) which have seen beer sales decline in the nation due in part to marketing restrictions.
    | Comment!
  • Jul. 3, 2014, 11:28 AM
    • Anheuser-Busch InBev (BUD +1%) buys a local brewery in the hometown of ancient rival Budjovicky Budvar.
    • The two companies have been waging legal warfare for over a century over the use of the Budweis and Budweiser brand name.
    • With A-B's purchase of Pivovar Samson it takes the fight straight to Budvar's front door.
    | 1 Comment
  • Jun. 24, 2014, 7:52 AM
    • Erste Asset Management thinks Anheuser-Busch InBev (BUD) lacks sufficient board independence.
    • The Austrian asset manager dropped A-B from its list of sustainable investments due to the perceived governance issues.
    • A few more independent directors on the company's board would solve the issue, according to Erste.
    | Comment!
  • Jun. 17, 2014, 12:09 PM
    • Anheuser-Busch InBev (BUD +0.2%) signs a sourcing deal with Syngenta.
    • The company says the partnership will launch in Argentina with a focus on improving varieties of barley.
    | Comment!
  • Jun. 13, 2014, 12:28 PM
    • Anheuser-Busch InBev (BUD -0.4%) and MillerCoors (TAP, SBMRY) responded to pressure from a blogger by posting the ingredients of their popular beer brands.
    • The disclosures didn't contain any bombshells and are expected to calm some fears stirred up by food advocates on unhealthy beer additives.
    | 2 Comments
  • Jun. 12, 2014, 10:29 AM
    • Anheuser-Busch InBev (BUD -0.8%) may need to sever ties with PepsiCo in order to merge with SABMiller (SBMRY), according to Santander.
    • SABMiller has deep connections with Coca-Cola.
    • The investment bank thinks A-B will have to pay a 40% premium to land SABMiller.
    | 3 Comments
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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