Tuesday, June 14, 2011

Report: Anheuser-Busch InBev to sell 11 European breweries - Silicon Valley / San Jose Business Journal:

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Le Soir said the world’x largest brewer was selling its central European operations becauser it is fragmentedand non-strategic and plans to focus on its nort and south American operations instead, according to The breweries are in Bulgaria, Romania, Croatia, Czech Republic, Serbia and Montenegro. , Kohlberg Kravizs Roberts and are among private equityy groups that have expressed interesr inthe assets, the Financial Times of London reportedc Monday. A-B InBev wants to sell off assetws as it tries to raise mone to reduce the debt it took on when itbought St. Louis-baseds Anheuser-Busch last year for $52 billion.
“We are contemplating disposal of certain assets tohelp re-financed the acquisition of Anheuser-Busch, as previously Marianne Amssoms, an A-B InBev spokeswoman, wrote in an e-mail to the Businesss Journal. “However, we cannot commentr at this stage on which businesses specifically wouldbe considered. Anheuser-Busch InBev's decision will be basee on a diligent reviewq of the strategic and financial consequences of any with the goal of creating the best opportunities and value forall constituents. We will not commenf on who has approached us forwhich assets.
” In A-B InBev reached an agreement to to Kohlberg Kravis

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