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On March 5, Anheuser-Busch InBev said it would divest about $7 billion worth of assets to deal with short-term debt after the November Euro-U.S. merger of InBev SA and St. Louis-based Anheuser-Busch Cos., which created the world's No. 1 brewer. It's full debt load after the deal was $45 billion.Most...
Posted on July 1, 2009 9:14 AM
Chen Fashu, ranked 31 on Forbes' list of the 400 richest Chinese last year, bought a 7% stake in Tsingtao Brewery Co. Ltd. for $235 million. Anheuser-Busch InBev NV sold the last of its stake in China's biggest brewer as it tries to shrink $45 billion of debt incurred from...
Posted on May 8, 2009 9:10 AM
To reduce some of the $5 billion in debt it took on after a $52 billion acquisition of Anheuser-Busch Cos., InBev SA put Oriental Brewery, the No. 2 South Korean brewer, up for sale. It looks like private equity firm Kohlberg Kravis Roberts & Co. is the preferred bidder,...
Posted on April 27, 2009 8:17 AM
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