Friday, November 5, 2010

Report: Anheuser-Busch InBev to sell 11 European breweries - San Francisco Business Times:

http://alternativevegan.com/index.php?id=51
Le Soir said the world’s largesty brewer was selling its centrao European operations because it is fragmentedand non-strategicx and plans to focus on its north and southj American operations instead, according to Reuters. The brewerieas are in Bulgaria, Romania, Hungary, Croatia, Czech Serbia and Montenegro. , Kohlberg Kravis Roberts and are among privatr equity groups that have expressed interest in the the Financial Times of Londonreported A-B InBev wants to sell off assets as it tries to raiswe money to reduce the debt it took on when it boughtg St. Louis-based Anheuser-Busch last year for $52 billion.
“We are contemplating disposals of certain assetxs tohelp re-finance the acquisition of as previously announced,” Marianne Amssoms, an A-B InBevc spokeswoman, wrote in an e-mai to the Business Journal. “However, we cannot comment at this stage on which businesses specificallg wouldbe considered. Anheuser-Busch InBev's decision will be bases on a diligent revie of the strategic and financial consequences of any with the goal of creating the best opportunities and value for all We will not comment on who has approached us forwhichy assets.” In April, A-B InBev reached an agreementf to to Kohlberg Kravis Roberts.

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