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BofA Bearish On Anheuser Busch, Says Volume Growth 'Remains Patchy'
Tuesday, March 5, 2019 - 3:29pm | 543Anheuser Busch Inbev NV (NYSE: BUD) has seen “flattish” volume since its 2016 purchase of former competitor SABMiller, despite boosting access to emerging and other global markets, according to Bank of America Merrill Lynch. Not much has changed in terms of volume growth for...
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What's Going On With Some Of These Major M&A Deals?
Wednesday, October 12, 2016 - 11:42am | 689Low borrowing costs have driven a surge in M&A activity in recent years. Even some of the biggest companies in the world have been on spending sprees. However, when massive companies agree to join forces, ironing out the details of the deal and gaining regulatory approval can be a long and...
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It's Official, Molson Coors Completes Full Ownership Of MillerCoors
Tuesday, October 11, 2016 - 12:42pm | 400Molson Coors Brewing Co (NYSE: TAP) has announced it has officially completed a full takeover of MillerCoors U.S. JV after the company took over Sabmiller Ltd (ADR) (OTC: SBMRY)'s 58 percent stake in the joint venture. Molson Coors stock initially jumped after the Anheuser Busch Inbev SA (ADR) (...
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Altria Now Owns Some 185 Million Restricted Shares Of Anheuser-Busch
Tuesday, October 11, 2016 - 10:49am | 334Altria Group Inc (NYSE: MO) disclosed that it is holding about 185.12 million restricted shares in Anheuser Bush Inbev SA (ADR) (NYSE: BUD) following the completion of the latter's merger with SABMiller on Monday. This represents a 9.6 percent stake. Altria has also been given its representation on...
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Anheuser-Busch Is A Better Company Now Than It Was 12 Months Ago
Monday, October 10, 2016 - 10:35am | 362Goldman Sachs reinstated coverage of Anheuser Busch Inbev SA (ADR) (NYSE: BUD) at Buy, as it believes the shares will likely see a 19 percent upside to its 12-month price target. The firm is of the view that the company appears to be a better business now than it was 12 months ago. 3Q Earnings:...
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Goldman Reinstates Anheuser-Busch With Buy Rating
Monday, October 10, 2016 - 9:02am | 345Goldman Sachs’ Mitch Collett believes that the acquisition of SABMiller has multiple positive implications for Anheuser Busch Inbev SA (ADR) (NYSE: BUD), including improving its ability to grow, expanding its market share and end-market concentration, and diversifying its revenues. Collett...
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Anheuser-Busch Inbev Offers 'Best Of Both Worlds'; Morgan Stanley Resumes Coverage At Overweight
Wednesday, October 5, 2016 - 9:09am | 467Morgan Stanley has resumed coverage of Anheuser Busch Inbev SA (ADR) (NYSE: BUD) with an Overweight rating, saying the acquisition of SABMiller significantly boosts Anheuser-Busch volume and sales growth. "We believe ABInBev offers the best combination of organic sales growth and self help across...
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This Bud's For You: InBev's $103 Billion Takeover Of Rival SABMiller Is Official
Wednesday, September 28, 2016 - 9:31am | 326Anheuser Busch Inbev SA (ADR) (NYSE: BUD)'s $103 billion takeover of rival British-based SABMiller became official on Wednesday. According to Bloomberg, 95.46 percent of SABMiller's investors approved the deal, exceeding the 75 percent threshold needed for the deal to proceed. The combined entity...
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Anheuser Busch Inbev-SAB Miller Merger One Step Closer: EU Approves Acquisition
Tuesday, May 24, 2016 - 4:02pm | 304Shares of Anheuser Busch Inbev SA (ADR) (NYSE: BUD) traded up roughly 2.75 percent on Tuesday afternoon after the European Commission, the European Union’s antitrust agency, granted antitrust approval of its SABMiller plc (ADR) (OTC: SBMRY) acquisition under the condition that the latter...
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Anheuser-Busch Will Divest SABMiller's Central And Eastern European Business As Part Of Merger Process
Friday, April 29, 2016 - 9:20am | 268Anheuser Busch Inbev SA (ADR) (NYSE: BUD) announced it took another step to appease regulator concerns over its pending acquisition of SABMiller. AB InBev said it has submitted an updated package of commitments to the European Commission in which it plans to divest SABMiller's entire...
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Anheuser-Busch InBev: Future M&A Potential?
Friday, April 22, 2016 - 2:50pm | 861Anheuser Busch Inbev SA (ADR) (NYSE: BUD) may look at potential M&A opportunities to achieve its long-term target of $100 billion revenue by 2020, according to a note from Bernstein analyst Trevor Stirling. According to a Form 20-F, the company's "Dream 2020" plan calls for revenues of $100...
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Anheuser-Busch Sells Off As News Of SABMiller CR Snow Stake Sale Circulates
Wednesday, March 2, 2016 - 11:28am | 162According to a report by Bloomberg, China Resources Beer (Holdings) Co. is close to acquiring the remaining stake in Snow beer it doesn't already own. Snow beer is a Chinese brewery joint venture with SABMiller Plc. Bloomberg, citing "people with knowledge of the matter,"...
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Investors Aren't Impressed With Molson Coors Guidance, $2.45 Billion Offering Announcement
Wednesday, January 27, 2016 - 10:44am | 282Shares of Molson Coors Brewing Company (NYSE: TAP) were trading lower by more than 3 percent shortly after Wednesday's market after the company provided preliminary fourth quarter results and also announced a $2.35 billion public offering. Molson Coors expects to earn $0.46 to $0.52 per...
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6 Of The Most Talked About M&A Deals This Year
Wednesday, December 16, 2015 - 11:14am | 1647Mergers and acquisitions were a hot topic this year, as some of the world's largest brands joined forces in an effort to snap up market share, diversify products and avoid taxes. Cheap borrowing costs and the addsed weight of sluggish economic growth helped 2015 become a record-breaking year for U....
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The 9 Worst M&A Deals In History
Wednesday, November 11, 2015 - 2:48pm | 1551This month, Anheuser Busch Inbev SA (ADR) (NYSE: BUD) formally agreed to buy SABMiller in a $105.5 billion deal, one of the largest in the history of Wall Street. The new company is expected to dwarf competitors in the global market and give Anheuser Busch a favorable position in the beer space. By...