25 result(s) displayed (1 - 25 of 42):
While The Wall Street Journal questions the timing of unrestricted stock options granted to Isaac Perlmutter, vice chairman and CEO of Marvel Entertainment Inc. (NYSE:MVL), an unforeseen enemy may be waiting by the wayside of its theme parks. (Here's our blog on the SEC filing, which has the "Background...
Posted on September 24, 2009 4:10 PM
As Anheuser-Busch InBev NV reported strong first-quarter earnings but warned against a rough year ahead, the beer giant said it sold No. 2 South Korean brewer Oriental Brewery to Kohlberg Kravis Roberts & Co. for $1.8 billion. The private equity firm beat out rivals Affinity Equity Partners and MBK Partners...
Posted on May 7, 2009 4:10 PM
Anheuser-Busch InBev NV has agreed to sell LaBatt USA to KPS Capital Partners as part of the Department of Justice's approval of the $52 billion merger of the companies. Terms of the deal were not disclosed. What's interesting is that it looks like KPS, which manages $1.8 billion, is brewing...
Posted on February 23, 2009 11:43 AM
Now that InBev SA has closed its $52 billion deal to buy Anheuser-Busch Co., will we see further beer industry consolidation? In this edition of Inside the Deal, Argus Research securities analyst Erin Ashley Smith says with InBev busy digesting A-B and Moslon Coors Brewing Co. and SABMiller focused on...
Posted on November 21, 2008 4:23 PM
The Department of Justice announced Friday that it will require InBev SA to divest subsidiary Labatt USA, along with a license to brew, market, promote and sell Labatt brand beer for consumption in the U.S., in order to proceed with its $52 billion acquisition of St. Louis-based Anheuser-Busch Cos. ...
Posted on November 14, 2008 2:51 PM
The Deal's Matt Miller took a quick dash around the world with panelists at The Deal's M&A Outlook 2009 conference and touched briefly on some countries and regions of special interest in terms of their own dealflow: China, India, Russia and Western Europe.Miller asked if China is still interested....
Posted on November 11, 2008 2:00 PM
As InBev SA and Anheuser-Busch Cos. prepare for separate earnings announcements on Thursday, the $52 billion deal that will bring the beer giants together remains on track to close by year's end. That's not to say that hangover-inducing market conditions and unresolved issues with a major A-B joint venture haven't...
Posted on November 5, 2008 2:42 PM
Grupo Modelo SAD de CV is denying a report in Friday's Wall Street Journal that it wants to buy back part or all of the 50% stake Anheuser-Busch Cos. holds in Mexico's largest brewer. A Modelo spokesperson told Reuters the report "is not true." This follows news in early October...
Posted on October 17, 2008 11:30 AM
InBev SA, acquiring American beer giant Anheuser Busch Cos., had to postpone a $9.8 billion rights issue due to "unprecedented volatility in the global capital markets, particularly during the last week." The Belgian brewer is waiting for markets to stabilize.InBev said the deal will still close at year's end...
Posted on October 15, 2008 5:41 PM
An article in the St. Louis Post-Dispatch on Friday, headlined "Credit market tightness threatens InBev's bankers," looked at the question of how the Belgian beer giant's financing for its $52 billion cash purchase of Anheuser-Busch Cos. is proceeding. The article quoted a report from Morningstar Inc. analyst Ann Gilpin, apparently...
Posted on October 3, 2008 4:35 PM
It's no surprise that M&A volume for deals with North American targets is low compared with recent years. Dollar volume for the 12 months ended Aug. 31, 2008, was about $1 trillion, versus $1.8 trillion for the year-earlier period, $1.3 trillion for the 12 months ending Aug. 31, 2006, and...
Posted on September 9, 2008 10:01 AM
The Wall Street Journal reported on Thursday that a couple of Ohio beer distributors are suing the new MillerCoors LLC joint venture. The JV, formed in June to enable the two brands to cut costs and fight for share in the consolidating U.S. beer market, has reportedly moved even more...
Posted on September 4, 2008 11:07 AM
An SEC filing, cited in a Bloomberg report, shows August Busch IV, president and CEO of Anheuser-Busch Co., will receive a payment of $10.4 million and a monthly fee of $120,000 until Dec. 31, 2013, to advise InBev CEO Carlos Brito on its takeover of Anheuser. What's more, Busch is...
Posted on August 18, 2008 2:45 PM
Has Grupo Modelo SAB de CV decided whether it wants to ally with InBev SA should an InBev-Anheuser-Busch Cos. merger move forward? Apparently not. On a conference call on Monday, chief executive Carlos Fernandez said his company is still weighing its options, according to Reuters."We know InBev's management team well. We...
Posted on July 28, 2008 2:00 PM
It's one thing to work at a bank or a multinational corporation or a financial media company and advocate global free trade. It's another to be a truck driver for Anheuser-Busch Cos. in St. Louis and hear that a foreign giant with a weird name is taking over your employer....
Posted on July 16, 2008 4:40 PM
Warren Buffett has long been known for his love of investing in family-owned or family-controlled businesses. Recently he's been emphasizing a related specialty: helping to shape the sale of sizable companies with a significant family presence to bigger buyers. Consider:Anheuser-Busch Cos.' $52 billion sale to InBev SA. Though he stayed...
Posted on July 15, 2008 4:30 PM
Good roundup on integration challenges for the big beer deal went up on MarketWatch late Monday, though the word "daunting" in the headline may overstate the challenges just a little. InBev SA chief executive Carlos Brito and his team don't seem to daunt so easily, for better or for worse....
Posted on July 15, 2008 10:02 AM
Now that Carlos Brito and his deal team have won Anheuser-Busch Cos. -- to the disappointment of more than a few St. Louis locals, it seems -- our thoughts couldn't help but turn to integration. And with the size and scope of this $52 billion deal, there will be plenty...
Posted on July 14, 2008 4:00 PM
Doesn't there seem to be a bit of a disconnect between the financial headlines we've been seeing over the past few days? On the one hand, we have the FDIC taking over mortgage lender IndyMac Bancorp, Treasury and the Fed scrambling to shore up Fannie Mae and Freddie Mac, and...
Posted on July 14, 2008 1:58 PM
Those InBev SA guys certainly aren't camera shy. We heard on Friday that Anheuser-Busch Cos. is returning to the deal table for "friendly talks" about InBev's $46.3 billion offer (which may be raised). Chris Burggraeve, InBev's chief marketing officer tried to offer more solace to opponents of the deal. He did a video interview...
Posted on July 11, 2008 2:29 PM
I was surfing the Web Friday morning looking for local reaction to news that Anheuser-Busch Cos. has agreed to "friendly talks" with InBev SA. And while there wasn't much in the local media so far, I did come across a piece in the St. Louis Post-Dispatch on how foreign ownership...
Posted on July 11, 2008 11:15 AM
Good piece in the New York Times Friday morning examining one of the premises for InBev's pursuit of Anheuser-Busch Cos. A key part of InBev CEO Carlos Brito's proposal involves moving Bud through InBev's global channels and keeping St. Louis as "the global home of the flagship Budweiser brand."The question...
Posted on June 27, 2008 11:41 AM
Anheuser-Busch Cos., we read, will reject InBev SA's takeover offer and propose a restructuring that would include the sale of its theme park unit. Question: Why do they have an entertainment unit, how is it doing, and who might buy it? The answer to the first question comes from A-B's...
Posted on June 26, 2008 12:31 PM
Ever since rumors of Belgian brewer InBev SA making an unsolicited $46.3 billion cash offer for U.S. rival Anheuser-Busch Cos. first appeared, Missouri has shuddered. Politicians, A-B workers and a host of other people are still voicing concern. So as the folks over at Cantos.com informed us, InBev CEO Carlos...
Posted on June 20, 2008 4:25 PM
On Monday Missouri's two U.S. senators weighed in on one international business trend, and on Tuesday they opined on another. Republican Kit Bond and Democrat Claire McCaskill agreed with each other both times, so there was bipartisan agreement -- on both sides of the tough issues raised by the globalization...
Posted on June 18, 2008 12:22 PM
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