Inbev Has Bottle For Anheuser Offer

Inbev has raised the spectre of a hostile bid for Anheuser-Busch after warning that it "will pursue all available avenues" to win control of its US brewing rival. The Belgo-Brazilian company, which makes beers including Stella Artois and Beck's, said it remained committed to its $46.3bn offer for Anheuser, despite the US rival's rejection of its $65/share proposal late June. Carlos Brito, InBev's CE, said his preference remained to "enter into a constructive dialogue to achieve a friendly combination" but warned that he would pursue all avenues to "allow Anheuser-Busch shareholders a direct voice in the process". He was also critical of Anheuser boss August Busch IV. "Given the seriousness of our firm proposal, we were surprised that we did not hear from Anheuser Busch's board of directors, management or advisers prior to the rejection," Mr Brito said.

Author
Un-named
Origin
Unknown
Journal Title
Press Release 2 July 2008
Sector
Container glass
Class
C 3696

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Inbev Has Bottle For Anheuser Offer
Press Release 2 July 2008
C 3696
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