Salutations,
The blood-curdling stories began towards the end of the month of May…
http://rttnews.com/ArticleView.aspx?Id=614352
5/23/2008 5:26 PM ET
“InBev is reportedly negotiating a $46 billion takeover bid for Anheuser-Busch (BUD) according to a report today in Financial Times’ Alphaville blog. Rumors of the bid on Anheuser-Busch, the iconic American brewer of Budweiser, by InBev created through the merger of Interbrew and AmBev have sent the stock prices of the largest American brewer soaring.”
Then came the exclusive…
http://www.cityam.com/index.php?news=14248
27/05/2008
“GIANT drinks group SABMiller yesterday dealt a blow to the acquisition plans of its rival InBev by distancing itself from any fall-back takeover plan.”
Followed quickly by… in the same article:
“THE WORLD’S largest brewer InBev must act now to take advantage of a “perfect storm” of conditions for a £23bn bid for American rival Anheuser-Busch to be successful, analysts said yesterday.”
After reading the following piece the affair was making more sense…
http://www.marketwatch.com/News/Story/Story.aspx?guid={5CFE1F56-3EF7-475F-AF2F-8A1A11F5B6AD}
By William Spain, MarketWatch
Last update: 5:29 p.m. EDT May 30, 2008
CHICAGO (MarketWatch) – “As the summer beer-drinking season gets ready to kick into gear, reports are swirling that Anheuser-Busch could be the target of a buyout attempt by Belgian-based (but Brazilian-run) InBev in a deal that could put the sole remaining big-cap American brewer into foreign hands.”
And, finally, today…
http://www.bloggingstocks.com/2008/06/02/bankers-on-tap-for-50-billion-buyout-of-anheuser-busch/
Posted Jun 2nd 2008 8:30AM by Tom Taulli
“Perhaps the credit crunch is showing some improvement? For example, according to a report in the Telegraph, it looks like InBev – the world’s no. 2 beer company — is close to getting $50 billion in financing for a bid for Anheuser-Busch Cos Inc. (NYSE: BUD). Some of the banks include JP Morgan (NYSE: JPM), Santander, BNP Paribas and Merrill Lynch (NYSE: MER).”
And…
http://www.bloomberg.com/apps/news?pid=20601086&sid=aCkcyizfYrUY&refer=latin_america
By Chris Peterson
June 2 (Bloomberg) – “InBev NV, the world’s largest brewer, is close to agreeing a $50 billion finance package with JPMorgan Chase & Co., Banco Santander SA and Merrill Lynch & Co. that would allow it to bid for Anheuser-Busch Cos., the maker of Budweiser beer, the Daily Telegraph reported, without saying where it obtained the information.”
Stay tuned as they used to say in the golden days of radio…
Cheers!
Peter LaFrance
( http://www.beerbasics.com )
