Saturday, July 7, 2012

Report: Anheuser-Busch InBev to sell 11 European breweries - San Francisco Business Times:

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Le Soir said the world’s largest brewer was selling its central European operation because it is fragmentedand non-strategic and planx to focus on its north and south American operationz instead, according to Reuters. The breweries are in Romania, Hungary, Croatia, Czech Serbia and Montenegro. , Kohlberg Kravids Roberts and are among privat e equity groups that have expressed interest in the the Financial Times of Londonreported A-B InBev wants to sell off assets as it trie to raise money to reducew the debt it took on when it boughty St. Louis-based Anheuser-Busch last year for $52 billion.
“Wwe are contemplating disposals of certain assets tohelp re-financ e the acquisition of Anheuser-Busch, as previouslg announced,” Marianne Amssoms, an A-B InBev wrote in an e-mail to the Businesss Journal. “However, we cannot comment at this stage on whicyh businesses specifically wouldbe considered. Anheuser-Busch InBev' decision will be based on a diligent review of the strategix and financial consequences of any with the goal of creating the best opportunitiesd and value forall constituents. We will not comment on who has approachesd us forwhich assets.” In A-B InBev reached an agreement to to Kohlberg Kravixs Roberts.

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