Jump to content

Recommended Posts

http://www.cnn.com/2008/US/07/14/busch.rea...=rss_topstories

http://www.cnn.com/2008/US/07/14/anheuser....v.ap/index.html

ST. LOUIS, Missouri (AP) -- Belgian brewer InBev has announced it will buy its U.S. rival Anheuser-Busch for $52 billion to create the world's largest brewer.

The deal would create the world's largest brewer and put the U.S. beer-maker in the hands of Belgian-based InBev.

The acquisition means control over America's largest brewer, the No. 2 worldwide, moves overseas. Based in St. Louis, Missouri, Anheuser-Busch has more than 48 percent of American market share with brands that include Bud Light.

InBev confirmed the details of the purchase of Anheuser-Busch early Monday. It first bid for Anheuser-Busch on June 11.

InBev is the world's second largest beer maker, with brands that include Stella Artois and Becks.

not that i drank that rice beer p155 anyways, but again, it goes to show our business community failing us all and how used we really get.

note how much more bud is worth than GM.

more profits we'll send overseas......

Edited by regfootball
Link to post
Share on other sites
What's the problem? If anything, it could mean Budweiser will actually taste better in the not-too-distant future.

Americans certainly weren't upset when Coors and Molson 'merged' .

The thing is...I can piss better beer than Coors.

Link to post
Share on other sites

This was a good deal for all parties. Anheuser-Busch was ripe for cost-cutting by all accounts, InBev will have a big presence in the US, AB shareholders got a big premium. What's not to like?

Link to post
Share on other sites
What's not to like?

Are you kidding? How about not liking the fact that this country's piss-poor fiscal policies which have ruined the value of the dollar are allowing foreigners to swoop in and buy more and more companies, real estate, etc. American pride used to mean something but now that the finance guys run this country it's all about making a buck. This country has sold it's soul and most people are too stupid or oblivious to notice or care.

It makes me sick.

Link to post
Share on other sites

:word:

"As long as I'm doing OK, who cares?"

Link to post
Share on other sites
:word:

"As long as I'm doing OK, who cares?"

:lol::huh:<_<

Link to post
Share on other sites
Guest aatbloke
http://www.cnn.com/2008/US/07/14/busch.rea...=rss_topstories

http://www.cnn.com/2008/US/07/14/anheuser....v.ap/index.html

not that i drank that rice beer p155 anyways, but again, it goes to show our business community failing us all and how used we really get.

note how much more bud is worth than GM.

more profits we'll send overseas......

The Belgian parent isn't going to pillage a US subsidiary of all its net profit - after all, it legally can't.

Budweiser has manufacturing subsidiaries in various parts of the world brewing for local markets and has done for years. The UK is one such example; very little beer is actually imported here, and all "foreign beers" are brewed here for the UK and some western European markets. It's unlikely that Budweiser in the US has seen much by way of its UK subsidiary's profits over the years, as usually they're retained for investment and expansion.

Link to post
Share on other sites
bad point, the dollar was much stronger then. In terms of dollars, $53 billion sounds like a lot. In Euros, it's cheap.

I'm not refering to the cash flow, I'm refering to how said American company was managed by the company it took over. Specifically, how the Germans would never allow the inferior American company to be anywhere near as good, even though they had the potential to be.

Link to post
Share on other sites

Join the conversation

You are posting as a guest. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.



About us

CheersandGears.com - Founded 2001

We ♥ Cars

Get in touch

Follow us

Recent tweets

facebook

×
×
  • Create New...