Two brewer companies, Anheuser-Busch,
based in
InBev's takeover bid totals $52 billion.
Anheuser accepted the offer of the Stella Artois beer maker. The newly
established company is going to be called Anheuser-Busch InBev. It is worth mentioning that the U.S.-based Anheuser-Busch is the producer of
The takeover has faced criticism from some of the
To achieve compromise with political concerns regarding the
deal, the
company said that its headquarters will operate in the same place,
According to the deal, InBev offers $70 per share for Anheuser-Busch. The deal must yet be approved by shareholders of the two parties. The estimated annual sales of the combined company will be $36.4 billion, which is also equal to the production of 46 billion liters each year.
Besides Stella
"Together, Anheuser-Busch and InBev will be able to accomplish much more than each can on its own. This combination will create a stronger, more competitive global company with an unrivalled worldwide brand portfolio and distribution network, with great potential for growth all over the world," outlined Carlos Brito, InBev chief executive. After the takeover he will receive the position of the new company's chief executive.
The CEO of Anheuser, August Busch,
mentioned that the upcoming merger would "enhance global market access for
Budweiser, one of
The announcement regarding the merger of the two giants raised concerns linked with the fears that the deal will lead to significant job losses in the US Midwest. Representatives from both companies mentioned that annually the new firm will generate $1.5 billion but advocated that there will be minimum job losses, due to the fact that there is little overlap between the two brewer firms.
The American company controls about 50 percent of the
After the takeover Budweiser could significantly increase its growth in
Europe, where it previously had been quite week, except several markets,
including the
Currently the beer market shows a great improvement, overcoming cost
pressures and down-slopping sales is most mature markets.
Comments
Post new comment