With Anheuser-Busch InBev, MillerCoors, Sapporo, and other beer behemoths snapping up craft brewers left and right, the Craft Brewers Association is asking why this acquisition spree can’t also go the other way, which is why it’s trying to crowdfund a mere $213 billion to buy AB InBev, and then do… something, maybe, with it. [More]
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Mega-Beer Merger Could Cost SABMiller, Anheuser-Busch Employees Thousands Of Jobs
It’s not just brands of beer that Anheuser-Busch InBev and SABMiller have had to discard in order to make their $107 billion merger dreams a reality: it could also cost thousands of people their jobs. [More]
China Okays Merger Of Former U.S. Beer Giants
The final country that needed to weigh in on the mega-merger of beer giants SABMiller and Anheuser-Busch InBev has given its blessing to the sudsy nuptials. This morning, Chinese regulators approved the deal, effectively clearing the road for the acquisition to move forward. [More]
Budweiser Accused Of Illegally Using Official Tribal Logo & Slogan In Local Beer Ads
“Immoral, unethical, oppressive, unscrupulous”: those are the adjectives a Native American tribe in North Carolina chose in a recently filed lawsuit to describe Anheuser-Busch InBev’s use of the official tribal logo and slogan in a local ad campaign. [More]
Anheuser-Busch, SABMiller’s $107B Merger Passes Major Hurdle, Gains European Approval
When you’re trying to combine a Belgian-Brazilian beer giant (that loves to pass itself off as American) with a huge London-based beer company whose roots trace back to South Africa and Wisconsin, you’re going to need to shed some overlapping businesses to get all the approvals you need. It looks like Anheuser-Busch’s plan to sell off some SABMiller brands overseas has helped gain approval from European Union regulators who have given the green light to the $107 billion merger of the two companies.
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Budweiser’s Parent Company Wants To Fill The Corona-Shaped Hole In Your Heart With Jalisco Estrella
When Anheuser-Busch InBev merged with Corona parent company Grupo-Modelo, it had to sell the U.S. rights to the popular beer to another company in order to abide by a Justice Department requirement to keep the marketplace fair and competitive. To fill that Corona-shaped hole in your heart, Budweiser’s parent company is now bringing Jalisco Estrella across the border and into American stores and bars. [More]
‘Murica: The Inevitable Beer Response To Budweiser’s “America” Name Change
That didn’t take long: the day after Anheuser-Busch InBev said Budweiser would be temporarily renamed to “America”, a Michigan brewery came out with its own beery appeal to patriotism, albeit a tongue-in-cheek one: ‘Murica. [More]
Budweiser Temporarily Renaming Its Beer “America” Because Why Not?
There’s one surefire way to link your product to the land of the free and the brave — just slap the word “America” on it: Anheuser-Busch InBev is taking a patriotic tack as part of its summer advertising campaign, replacing the “Budweiser” name on its 12-oz beer cans and bottles with the word “America,” and swapping “King of Beers” for “E Pluribus Unum.” [More]
AB InBev To Sell SABMiller’s Eastern European Brands For $8B
Anheuser-Busch InBev’s pending $107 billion merger with SABMiller will now include fewer brands: the beer behemoth announced today that it will sell several of its betrothed’s eastern European assets in order to appease federal regulators and speed up approval for the mega-merger. [More]
Mega-Beer Merger Clears Hurdle: SABMiller Officially Sells Peroni, Grolsch Brands For $2.9B
In order to grease the wheels for the mammoth $107 billion merger of beer giants Anheuser-Busch InBev and SABMiller, a number of Miller’s brew brands are being sold off as quickly as possible. Only a week after announcing that Miller might sell a number of premium labels — including Peroni, Grolsch, and Meantime — to Japan’s Asahi Group, the $2.9 billion deal is now official.
Anheuser-Busch InBev To Sell Peroni, Grolsch To Earn European Approval Of Beer Merger
A month after Anheuser-Busch InBev cleared one huge regulatory hurdle in gaining approval for its $107 billion SABMiller merger with the sale of SABMiller’s half of China’s largest brewer, the beer behemoth is looking to appease regulators on other continents. This time it happens to be the European Union and the sale of premium brands Peroni and Grolsch. [More]
Corona Beer Bottles Recalled Because No One Wants To Drink Glass
When grabbing a beer after work today, you might want to spend a little extra time examining the Corona bottle staring back at you from the fridge, as Constellation Brands — a division of Anheuser-Busch InBev — announced the recall of certain 12- and 18-backs of the bottled beer because they may contain glass particles. [More]
Mega-Beer Merger Clears Hurdle: SABMiller Sells Chinese Beer Brand For Bargain Price
The $107 billion merger of Anheuser-Busch InBev and SABMiller is a truly global affair, with the betrothed companies having to appease regulators on multiple continents. While the mega-deal still faces numerous challenges, it has cleared one huge hurdle with SABMiller agreeing to sell its half of China’s largest brewer for only $1.6 billion.
Anheuser-Busch CEO Tells Congress That Mega-Beer Merger Is Good For Everyone, Really
Executives involved in the billion-dollar beer merger between Anheuser-Busch and SABMiller tried to paint a rosy picture of its impending marriage — despite a wealth of contradictory testimony — assuring lawmakers that there’s really no downside to the deal: everyone will benefit, even consumers. [More]
Big Beer CEOs To Testify In Front Of Congress On The Awesomeness Of Mega-Merger Tuesday
There are billions of reasons (or rather dollars) for the executives for Anheuser-Busch InBev, SABMiller and Molson Coors Brewing Co. to prove that a mega-beer merger is a brilliant plan, and now it looks like they’ll have their chance to opine on its greatness by testifying in front of Congress tomorrow. [More]
Anheuser-Busch InBev, SABMiller Finalize Merger, Agree To Sell MillersCoors Brand To Molson For $12B
After receiving more time to finalize its offer to acquire SABMiller, Anheuser-Busch InBev made a formal $107 billion bid for the company on Wednesday. The deal includes a record $75 billion loan and confirms the anticipated divestiture of SABMiller’s stake in its largest brand: MillerCoors. [More]
Anheuser-Busch InBev Gets More Time To Finalize Mega Beer Merger Offer
Anheuser-Busch InBev — the Belgian-Brazilian maker of “America’s beer” — was supposed to finalize its offer to acquire SABMiller by Oct. 14. That deadline was extended until this afternoon, but just like that really wealthy international student at college who never seemed to get his work done on time, AB InBev has been granted another extension. [More]