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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Richard Hemming MW: beware inverse snobbery

Few things can bring communal pleasure so intimately as wine. Apart from a hot tub, perhaps. Sport can trigger mass jubilation, film gives us shared empathy, but wine has a nigh-unique ability to bestow conviviality among us through a shared bottle – which makes it especially galling that we spend so much time divided over it.

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