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Stock Market & Financial Investment News

News Breaks
July 2, 2014
08:54 EDTBUDAB InBev acquires Samson brewery in Czech Republic, Reuters says
AB InBev acquired the Samson brewery in the Czech city of Budweis in an effort to strengthen its name ownership, since its rival Budejovicky Budvar, a state-owned brewery that makes Budvar or Budweiser, also resides in the same city, according to Reuters, citing a statement from the company. The company said, "While the 2013 EU-wide trademark registration for Bud already ensured AB InBev has virtually world-wide protection for either the Bud or Budweiser brands, the acquisition further strengthens AB InBev’s legal position, particularly as it relates to the Budweiser brand." Reference Link
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