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News Breaks
April 15, 2012
16:33 EDTBUDAB InBev close to buying Dominican Republic brewer, Bloomberg says
AB InBev (BUD) is close to a deal to take control of the Dominican Republic brewer Cerveceria Nacional Dominicana, says Bloomberg, citing people familiar with the matter. Reference Link
News For BUD From The Last 14 Days
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November 30, 2015
17:47 EDTBUDSenate schedules December 8 hearing for proposed AB InBev-SABMiller merger
In a short release titled "Ensuring Competition Remains on Tap: The AB InBev (BUD)/SABMiller (SBMRY) merger and the State of Competition in the Beer Industry," the Senate Judiciary Committee scheduled a December 8 hearing to consider the proposed merger of the two beer giants. Reference Link
November 29, 2015
20:01 EDTBUDAB InBev plans to divest SABMiller's Peroni, Grolsch brands, FT says
AB InBev (BUD) is planning to divest SABMiller's (SBMRY) Peroni and Grolsch brands as it seeks regulatory approval for its proposed merger with the company, reports the Financial Times, citing a source, though a separate source cautioned that the company was merely considering selling the brands. The report notes that potential buyers include Molson Coors (TAP), Heineken (HINKY), and C & C Group. Reference Link
19:05 EDTBUDDeutsche Bank devised tax avoidance strategies for corporate clients, FT says
Deutsche Bank (DB) devised international tax avoidance strategies for certain of its corporate clients, reports the Financial Times, citing several documents and sources. The bank pitched its tax saving plans -- which featured so-called profit-participating instruments -- to companies including AB InBev (BUD), Archer Daniels (ADM), Bunge (BG), and Cargill this year, according to the publication. None of the proposals were illegal, noted the Financial Times, and Deutsche commented that "these transactions were never executed." Reference Link
14:50 EDTBUDAB InBev considering divesting SABMiller's Peroni, Grolsch, Bloomberg says
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