The world’s largest brewer has finally managed to reach a deal with unions that will stop the blockades at their Belgian plants after two weeks of production cuts. Supplies of Anheuser-Busch InBev’s local brands have steadily fallen as unions in Belgium organised blockades at three plants in response to plans for a ten per cent reduction in the workforce. After two failed mediation attempts, the two sides reached an agreement on Thursday night that will end the strike action. The deal... ...Read more »

After two weeks, blockades continue at the Belgian breweries of the world’s largest brewer – with still no agreement in sight. Two hundred and sixty-three jobs were cut from Anheuser-Busch InBev’s 2,700 Belgian employees a fortnight ago, sparking anger with workers blocking entrances to two of the company’s Belgian plants in Leuven and Liege. Tuesday’s talks were already the second attempt for mediation and again have ended with no results. Union officials have called... ...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 »

Anheuser-Busch InBev, the world’s largest brewer, has advised that it has entered into an agreement with Asahi Breweries to sell part of its stake in Tsingtao Brewery Co. for US$667 million. The divestiture of this stake in Tsingtao is part of Anheuser-Busch InBev’s ongoing deleveraging program, generating proceeds that will be used to repay debt incurred as a result of the acquisition of Anheuser-Busch. As a result of the transaction, Asahi will become Tsingtao’s second largest... ...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 and Anheuser-Busch today announced an agreement to combine the two companies, forming the world’s largest global brewer. In order to seal the amicable deal, InBev had to increase their initial $65/share offer to $70 – valuing the US brewer at US$52 billion. The industry-transforming transaction between the second and third largest brewers occurs five weeks after the initial proposal by InBev. The relationship between the two companies threatened to become fractured with... ...Read more »

What was originally meant to be an amicable deal between the second and third largest brewers in the world has quickly degenerated into a hostile bid with lawsuits being filed by both parties. InBev, the Belgian giant, last month made an friendly but unsolicited bid of $US46b for Anheuser-Busch, which was dismissed by the Anheuser Board due to concerns it did not provide fair value for the US-based company. Since the Board made their opinion public InBev has filed a preliminary consent... ...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 »

SABMiller plc and Molson Coors Brewing Company announced overnight that they have closed the transaction to combine their U.S. and Puerto Rico operations to create MillerCoors.MillerCoors, which will begin operating as a combined entity today, will be the second largest US brewer with the scale, resources and distribution platform to succeed in the highly competitive marketplace. “As a unified company with a world-class board and leadership team in place, MillerCoors will be able to create... ...Read more »