Bud Light has been leapfrogged by China’s Snow as the world’s highest selling beer brand, according to data obtained by Reuters from market researcher Plato Logic. Snow, which is brewed by SABMiller with its Chinese joint venture partner China Resources Enterprises, reaped rewards from being the key player in the burgeoning Chinese market, with 2008 sales volumes surging 19.1 per cent to 61 million hectolitres*. Plato found the top six brands included the Snow range, followed by the Bud... ...Read more »

Coopers, Australia’s largest independently-owned brewer, is hopeful that they will soon be producing America’s most popular beer at their South Australian brewery. Budweiser, which is the highest selling beer in the world, is imported into Australia and distributed by Premium Beverages – which Coopers has an 80 per cent share of. As they push toward a key sales threshold, the privately-owned business is seeking to arrange a deal with the world’s largest brewer, Anheuser-Busch... ...Read more »

InBev announced this morning (ADST) that it has finalised the US$52b purchase of Anheuser-Busch, following approval from shareholders of both companies. The combination creates the global leader in beer and one of the world’s top five consumer products companies. The name of InBev will change to Anheuser-Busch InBev, with Anheuser-Busch becoming a wholly owned subsidiary of Anheuser-Busch InBev and will retain its current headquarters in St. Louis. The belgian-based brewer will now manage... ...Read more »

SABMiller is about to lose its title as the ‘world’s biggest brewing company’, with the deal between InBev and Anheuser-Busch now almost complete. Belgian brewer InBev announced overnight that a majority of Anheuser-Busch Cos. Inc. shareholders have voted to approve the proposed combination of InBev and Anheuser-Busch during a special shareholder meeting. InBev shareholders approved the combination on September 29. Upon close of the transaction, America’s largest brewer –... ...Read more »

InBev has announced that it is still committed to its proposal to create the world’s leading beer company through the acquisition of Anheuser-Busch. The proposal, which was put to Anheuser last month, would create the world’s largest brewer, eclipsing SABMiller. Anheuser-Busch, famous for their ownership of Budweiser, rejected the offer last week as their Board considered that the valuation of $46 billion was too low. Carlos Brito, Chief Executive Officer of InBev, remains steadfast in... ...Read more »

InBev have reaffirmed their interest in Anheuser-Busch via a letter prodding a response from the American company. The unsolicited takeover bid, which values Anheuser-Busch at US$46.3b, was made two weeks ago, but Anheuser-Busch has since remained coy about their possible response. It has been reported that members of the Busch family are divided about the potential takeover, while the company’s second largest shareholder, billionaire investor Warren Buffett, had been in support of... ...Read more »

Consolidation in the beer industry has been a noticeable trend over the past decade but the potential takeover of Anheuser-Busch by InBev would certainly shake the sector up. If the deal goes ahead it would merge together the second and third largest brewers in the world, creating one of the five largest consumer products companies and the largest brewing corporation – eclipsing current leader SABMiller. The audacious offer by InBev, owner of the Beck’s, Stella Artois and Hoegaarden... ...Read more »

Rumours abound about a major takeover in the beer industry. InBev, the Belgian-based owner of the Beck’s, Stella Artois and Hoegaarden brands, is apparently considering a $46b bid for US brewer Anheuser-Busch. The takeover speculation, reported at the end of last week by the Financial Times, led Anheuser-Busch to a 52 week high on the New York Stock Exchange. Anheuser-Busch, which manages the Budweiser brand, is expected to try and stave-off any unsolicited bids from InBev, but the... ...Read more »