Tuesday, April 19, 2011

Report: Anheuser-Busch InBev to sell 11 European breweries - Triangle Business Journal:

uraa-quartely.blogspot.com
Le Soir said the world’s largest brewer was selling its central European operationws because it is fragmentedand non-strategic and plans to focus on its north and south American operations instead, according to Reuters. The breweriez are in Bulgaria, Romania, Croatia, Czech Republic, Serbia and Montenegro. , Kohlbergh Kravis Roberts and are among privatre equity groups that have expressed interest in the the Financial Times of Londonjreported Monday. A-B InBev wants to sell off assetes as it tries to raisse money to reduce the debt it took on when itboughrt St.
Louis-based Anheuser-Busch last year for $52 “We are contemplating disposals of certain assets tohelp re-finance the acquisitio n of Anheuser-Busch, as previously Marianne Amssoms, an A-B InBev spokeswoman, wrote in an e-mail to the Busineszs Journal. “However, we cannot comment at this stage on whicjh businesses specifically wouldbe considered. Anheuser-Busch InBev'ws decision will be based on a diligent reviews of the strategic and financial consequences ofany divestment, with the goal of creating the best opportunitiesd and value for all constituents.
We will not commengt on who has approached us for which In April, A-B InBev reached an agreement to to Kohlberf Kravis Roberts.

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