Anheuser-Busch InBev NV Comments On Q4 2009 EBITDA Guidance-Reuters
November 12, 2009 |
| Reuters reported that Anheuser-Busch InBev NV forecast its core profit or EBITDA (earnings before interest, tax, depreciation and amortisation) would show similar year-on-year gains in the fourth quarter of 2009 as in the third quarter of 2009. |
Anheuser-Busch InBev Sells Eastern European Operations To CVC Capital Partners-Reuters
October 15, 2009 |
| Reuters reported that Anheuser-Busch InBev has agreed to sell breweries in nine eastern European countries to CVC Capital Partners for an initial $2.23 billion, passing its target for divestments since its merger a year ago. The brewer would have the right of first offer to reacquire the business should CVC decide to sell. The deal, which was expected to close by January 2010, is comprised of a $1.618 billion cash payment, a $448 million unsecured deferred payment obligation with a six-year maturity and interest of 8% to 15% and $165 million in minority interests. Barclays Capital and Lazard acted as financial advisers to AB InBev and Clifford Chance as legal adviser. |
Anheuser-Busch InBev Sells $5.5 Billion Debt In Four Parts-Reuters
October 13, 2009 |
| Reuters reported that Anheuser-Busch InBev sold $5.5 billion in debt in four parts in the rule 144a private placement market. The sale consisted of $1.5 billion of three-year notes priced to yield 160 basis points more than comparable U.S. Treasuries, and $1.25 billion of five-year notes yielding 185 basis points over Treasuries. Also included in the sale were $2.25 billion of 10-year notes yielding 210 basis points over Treasuries and $500 million of 30-year bonds priced to yield 220 basis points more than Treasuries. The sale was handled by active joint lead managers Bank of America, Deutsche Bank and JPMorgan. The passive joint lead managers were Barclays. |
Anheuser-Busch InBev To Sell Theme Parks To Blackstone For Up To $2.7 Billion-DJ
October 7, 2009 |
| Dow Jones reported that Anheuser-Busch InBev said that it will sell its theme parks business to private equity firm Blackstone Group for up to $2.7 billion. The deal will help AB InBev pay down the $45 billion in debt. AB InBev will receive $2.3 billion in cash and the right to participate in the first $400 million of Blackstone's return on investment. The subsidiary, Busch Entertainment Corporation, operates 10 entertainment parks in the U.S., including three SeaWorld parks. |
Blackstone Group L.P. Nears Deal For Anheuser-Busch InBev's Amusement Parks-WSJ
October 2, 2009 |
| The Wall Street Journal reported that Blackstone Group L.P. is nearing a roughly $2.5 to $3 billion acquisition of Anheuser-Busch InBev's theme parks, according to people familiar with the situation. The deal could be announced as soon as next week but might still fall apart, the people familiar with the matter warned. |
Ball Corporation Pays $577 Million In Purchase Of 4 Anheuser-Busch InBev Plants-AP
October 1, 2009 |
| The Associated Press reported that Ball Corporation has completed its acquisition of four Anheuser-Busch InBev plants for $577 million, the two companies said. The plants in Rome, Ga.; Columbus, Ohio; Ft. Atkinson, Wis.; and a beverage can-end manufacturing plant in Gainesville, Fla., annually produce about 10 billion aluminum cans and 10 billion can-ends. The plants employ about 635 workers. |
Anheuser-Busch InBev NV Completes Sale of Scottish and Irish Assets to C&C Group Plc
September 29, 2009 |
| Anheuser-Busch InBev NV announced that it has completed the previously announced sale of Tennent's Lager brand and associated trading assets in Scotland, Northern Ireland and the Republic of Ireland (part of InBev UK Limited) to C&C Group Plc for a total enterprise value of USD 180 million. |
Anheuser-Busch InBev NV To Receive Offer From The Blackstone Group L.P.-Tijd
September 24, 2009 |
| De Tijd reported that The Blackstone Group L.P. considers making an offer for Anheuser-Busch's Inbev NV's amusement parks. The formal offer has not yet been finalized. Further details were not disclosed. |
Anheuser-Busch InBev NV Announces Exchange Change- The Stock Exchange
September 16, 2009 |
| The Stock Exchange reported that Anheuser-Busch InBev NV has changed the exchange from OTC Pink Sheets to NYSE. |
Brick Brewing Co. Limited Receives Statement of Claim From Anheuser-Busch InBev's Anheuser-Busch, Incorporated And Labatt Brewing Company Limited
August 31, 2009 |
| Brick Brewing Co. Limited announced that it has received a Statement of Claim from Anheuser-Busch, Incorporated and Labatt Brewing Company Limited, claiming infringement of Bud Light Lime trademarks and copyrights. Labatt and Anheuser are seeking an injunction as well as damages or an accounting of profits from Brick's sales of Red Baron Lime. Anheuser-Busch, Incorporated and Labatt Brewing Company Limited are part of Anheuser-Busch InBev (AB InBev). |
Anheuser-Busch InBev NV Sells Tennent's for EUR 205 Million-De Tijd
August 27, 2009 |
| De Tijd reported that Anheuser-Busch InBev NV sells Tennent's to C&C Group Plc for EUR 205 million. The sale include the Glasgow Wellpark Brewery in Scotland, the rights on the brand Tennent's, Tennent's Ales and assets in Scotland, Northern Ireland and the Republic of Ireland that belong to the Company. Other activities of the Company in the United Kingdom, situated in England and Wales, are not part of the transaction and will remain as a part of InBev UK. As part of the agreement Anheuser-Busch InBev NV shall appoint C&C Group Plc as distributor for certain brands of Anheuser-Busch InBev in Scotland, Northern Ireland and the Republic of Ireland and C&C Group Plc shall give the Company the right to use the brands Tennent's Super and Tennent's Pilsner in certain geographical areas. |
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