Entries tagged "Anheuser Busch"
St. Louis-based Anheuser Busch Cos. has a lot to digest with a $46.3 billion cash offer from Belgian brewer InBev SA. One skeptical observer of the deal, credit rating agency Standard & Poor's, would likely downgrade Anheuser-Busch should the offer be accepted and finalized by both sides. The credit rating agency placed its A long-term corporate credit and A-1 short-term corporate credit ratings on its creditwatch negative list Thursday. ...
During the upcoming Memorial Day weekend, folks everywhere will be partaking in the traditional start-of-summer activities: barbeques, beach parties and, of course, beer drinking. However, bankers and attorneys from Lazard, J.P. Morgan Chase & Co. and elsewhere may instead be hunkered down in conference rooms in St. Louis and Leuven, Belgium, chugging coffee as they work out the details of a $46 billion merger between two industry giants: Europe's InBev and America's Anheuser-Busch Inc. ...
