Although reports that InBev NV was putting together a bid for Anheuser-Busch Cos. surfaced over a week ago, the European brewing giant is still working out a $50 billion financing package.
The Telegraph is reporting that InBev may be talking with J.P. Morgan & Chase Co., Banco Santander SA, BNP Paribas Group and Merrill Lynch & Co. for a financing to take over Anheuser-Busch, and that an offer letter could be sent as early as next week. When the well-sourced rumor first surfaced May 23 on the Financial Times' Alphaville blog, talk of financing only mentioned J.P. Morgan and Banco Santander.
However, Reuters is reporting that loan financing for InBev's potential offer looks uncertain. Bankers interviewed by Reuters seemed to doubt that the investment banks would want to sit on the debt should they have difficulty selling it. Perhaps this explains why after a week of well-sourced leaks InBev has yet to make a formal offer. - Maria Woehr
Although reports that InBev NV was putting together a bid for Anheuser-Busch Cos. surfaced over a week ago, the European brewing giant is still working out a $50 billion financing package. 
