Inbev to buy Budweiser?

27 May, 2008

Beer industry rumour mills are working overtime following a report Inbev is plotting a $46bn bid for Anheuser Busch.

Ansheuser shares rocketed to $56 each by the close of Friday trading following the report, from the Financial Times newspaper.

If true, the move would seal a period of heavyweight consolidation in the brewing industry that has already seen Carlsberg and Heineken buy Scottish & Newcastle, as well as SABMiller acquire Grolsch and merge with Molson Coors in the US.

It is believed Inbev, which owns Stella and Beck’s, has shown interest in Anheuser before, only to be knocked back by the Budweiser brewer’s board.




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Faith in fakes

One of the most fascinating stories in wine, fit to stand alongside the Judgement of Paris, is that of Rudy Kurniawan, a man who managed to fool friends, auction houses and experts into believing they were drinking some of the world’s most expensive wines.

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