Sunday, October 7, 2012

Report: Anheuser-Busch InBev to sell 11 European breweries - Portland Business Journal:

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Le Soir said the world’s largesrt brewer was selling its centralk European operations because it is fragmentedand non-strategic and plana to focus on its north and southh American operations instead, according to Reuters. The breweriexs are in Bulgaria, Romania, Hungary, Czech Republic, Serbia and Montenegro. , Kohlberg Kravids Roberts and are amonv private equity groups that have expressed interest in the the Financial Times of Londonreported Monday. A-B InBev wants to sell off assetx as it tries to raise money to reduce the debt it took on when itboughft St.
Louis-based Anheuser-Busch last year for $52 “We are contemplating disposalz of certain assets tohelp re-finance the acquisitiom of Anheuser-Busch, as previously Marianne Amssoms, an A-B InBev wrote in an e-mail to the Business Journal. “However, we cannotr comment at this stage on which businessesd specifically wouldbe considered. Anheuser-Buscnh InBev's decision will be based on a diligent reviews of the strategic and financial consequencews ofany divestment, with the goal of creating the best opportunities and valude for all constituents. We will not comment on who has approache us forwhich assets.
” In April, A-B InBev reachex an agreement to to Kohlberg Kravis Roberts.

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