Apparently, the European mega beer company, InBev, really, really, really wants to buy Anheuser-Busch. After being firmly rejected last Thursday, InBev is preparing to make a hostile takeover bid.The European beer giant is maneuvering either to remove the AB Board of Directors, or to be able to take its proposal straight to the shareholders. Though Ab came up with some cost cutting plans that would save the company more than $1 billion over the next four years and eventually raise share prices, many analysts believe that shareholders would go with cold hard cash now rather than the possible share price increase in the future.
One commenter on the St. Louis Business Journal article raised the concern that InBev isn't likely to spend the money on being environmentally responsible that AB does. That commenter goes on to ask where the environmentalists are. Does anyone have any more information on that aspect of this that they'd like to share?
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Reader Comments (Page 1 of 1)
7-01-2008 @ 7:55PM
notavegan said...
isnt Inbev a Brazilian company with european brands?
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7-02-2008 @ 3:50AM
Bernie B said...
Budweiser is the #1 Import in Ireland. Something to think about. I don't drink their main Bud products, however AB has been making some serious inroads with their Pseudo-Microbrews which aren't that bad. It's nice to see local watering holes that carry something besides Bud/Miller (and Labatts, the other "domestic" beer *hah*).
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7-02-2008 @ 9:28PM
Red Icculus said...
I hope they do. Budweiser is the reason American beers get a bad rap. They are made out of corn and rice and are drank so cold that no one can enjoy the taste from numb taste buds.
Budweiser is crap. Hopefully InBev can polish this turd.
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7-07-2008 @ 10:32AM
JohnQ said...
BOYCOT InBev brands:
Becks-----Löwenbräu -----St. Pauli Girl ------Brahma-----Kokanee-----Stella Artois---they have over 200 brands, check the labels.
If InBev takes control of Bud we will never drink Bud again. Because of their actions, we have already decided to Boycot all other InBev brands.
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