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News about Anheuser-Busch
InBev Romania takes the name of its popular beerRomanian beer producer InBev Romania has announced the change of its name to Bergenbier SA, the name of one of its popular beer brands in Romania, Romanian Times reported on March 1. The company will InBev responds to the humanitarian call in Haiti The earthquake crisis in Haiti is prompting a worldwide humanitarian response. Through its North American companies (Anheuser-Busch, Labatt) and Latin American North operations (AmBev), Anheuser-Busch InBev is joining governments and relief agencies in life-saving efforts InBev posts Q3 results up, announces new products InBev posted its positive Q3 results despite the economic downturn whilst showing off two new products. Carlos Brito, CEO, commented We’re delivered by the double-digit EBITDA growth in a challenging operating environment, made significant progress Here’s a toast, AB Inbev is selling Kamenitsa The biggest brewery in Bulgaria, Kamenitsa, was announced to be on sale by its owner, AB Inbev. The Belgian newspaper Le Soir announced that the Belgian-Brazilian company is leaving Central and Eastern Europe and wants AB InBev sells US Unit featuring a Canadian beer InBev USA, the distributor of Canadian beer brand Labatt, would shortly be sold to an affiliate of private equity firm KPS Capital Partners, an Anheuser-Busch InBev statement announced last week. No financial details of the Court says, “This Bud’s not for the EU”  A European Union court has annulled an EU-wide trademark for Anheuser-Busch’s Bud beer, which has been contested by Czech brewer Budejovicky Budvar NP. The Luxembourg-based European Court of First Instance said in its ruling that Budweiser Budvar sale not before 2010 Budweiser Budvar, the last public-owned Czech brewery in state hands, would not be ready for privatisation before the centerright government of Prime Minister Mirek Topolanek ends its term in 2010, the premier said on July InBev, Missouri Governor discuss Anheuser-Busch The Governor of Missouri, Matt Blunt visited an InBev brewery in Belgium as part of a diplomatic trade mission to Europe. Blunt met with executives to discuss the recent takeover of Anheuser-Busch. The governor said New deal sees USD 52 bln to Anheuser-Busch from InBev Belgium-based beer company InBev and Anheuser-Busch announced anagreement to combine the two companies early last week after negotiations had become hostile and then reversed on the road to forming the world’s largest global brewer. Anheuser-Busch shareholders will receive USD InBev CEO says Budweiser still a part of St. Louis  On June 27, reports surfaced of court documents in Delaware confirming that InBev intends to continue with their hostile take-over attempt of Anheuser- Busch (AB) although the St. Louis-based home of Budweiser in the US InBev courts US rival Anheuser-Busch Belgian-Brazilian brewer InBev says it had reaffirmed its proposal to combine with Missouri-headquartered Anheuser-Busch Cos. Inc. The offer was made in a letter to August A. Busch IV, AB president and chief executive, for an unsolicited USD 46.3 billion bid. Bloomberg has called the offer Americans discover Belgian beer The American economy may be dwindling but American drinkers are downing Belgian beers at a record rate. According to Credit Suisse analysts, sales of Belgian beer across the US rose by 83 percent last November, Budejovicky Budvar ups output 8.7% on year Budejovicky Budvar, the Czech state-owned brewery slated for privatisation, recently announced that it produced 1.253 million hectoliters (hl) of beer last year, a growth of 8.7 percent year-on-year (y/y). “While in 2006, Budejovicky Budvar produced Budejovicky Budvar may hit record output Czech state-owned brewer Budejovicky Budvar, slated for privatisation by the current government, is on track for a record high output in 2007, the company announced on October 18."Reaching the magical level of one million hectolitres Budvar beer sales up, a big hit in the US Czech state-owned brewery Budejovicky Budvar, the third largest in the Czech Republic and the country’s major beer exporter, sold 291,770 hectolitres of beer on foreign markets in the first half of this year, up 11.2 Budvar’s EU case over “Budweiser” name dismissed Last week, the European Union's second-highest court, the Luxembourg-based Court of First Instance, dismissed the case filed by Czech brewer Budejovicky Budvar against US rival Anheuser-Busch over the use of the "Budweiser" and derivative trademarks, InBev set to acquire Fujian beermaker Belgian beer giant InBev has won a fierce bidding war with its global rivals and is set to pay about USD 750 million to acquire one of China’s largest beer producers, chinaview reported last Monday, InBev pays 614 million Euro for Chinese brewer In Bev SA said last Wednesday it is “accelerating” its full acquisition of Fujian Sedrin by purchasing 100 percent of shares in the Chinese brewer by the end of the year. The announcement, following an agreement Beer-loving Czechs drink less and export more The country that proudly wears the world’s beer-consumption crown is pouring less at neighbourhood pubs and exporting more of its precious brews abroad, Deutsche Presse-Agentur (dpa) said in a special report last week. It’s a Film stars Pitt, Travolta cut Heineken’s H1 profit Heineken NV, the world’s fourth largest brewer, said last Tuesday first-half profit dropped 8.2 percent as the company spent more on advertising to halt a decline in European and US sales, news agencies reported. Net |
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