A-B shareholders approve takeover

14 November, 2008

Anheuser Busch shareholders have voted in favour of the proposed takeover of the company by Stella and Beck’s brewer.

The move paves the way for the deal to be completed by the end of the year, though it is still subject to regulatory approval.

August Busch IV, Anheuser’s president and chief executive officer, said: “The merger provides a promising future for our beer brands and for all stakeholders– employees, wholesalers, retailers and our consumers.

“The new company will expand Budweiser into new markets around the world, fulfilling the global ambitions my family has long dreamed about for this great American brand.”

Inbev declined to comment on rumours that it could sell Beck’s to help fund the Anheuser deal.




Bookmark this


Site Search

COMMENT

Welcoming the wine rookie

It’s all true. Wine writers loaf around in a state of partial inebriation and partial undress, bitching about having to taste free wine all day and using recondite words like malolactic, terroir and recondite. 

Click for more »
Upcoming events

Polls

Is blended Scotch overshadowed by single malt in retailers?

  • Yes
  • No
  • Don't know

Facebook

Twitter