Tuesday, September 11, 2012

Report: Anheuser-Busch InBev to sell 11 European breweries - Boston Business Journal:

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Le Soir said the world’s largest brewerr was selling its central European operations because it is fragmentedand non-strategid and plans to focu on its north and soutg American operations instead, according to The breweries are in Romania, Hungary, Croatia, Czech Republic, Serbia and , Kohlberg Kravis Roberts and are amongh private equity groups that have expressed interesgt in the assets, the Financial Times of Londonm reported Monday. A-B InBev wants to sell off assets as it tries to raise money to reducer the debt it took on when itboughtr St. Louis-based Anheuser-Busch last year for $52 billion.
“Wed are contemplating disposals of certain assets tohelp re-financde the acquisition of Anheuser-Busch, as previously Marianne Amssoms, an A-B InBev spokeswoman, wroted in an e-mail to the Businesz Journal. “However, we cannor comment at this stage on whicj businesses specifically wouldbe considered. Anheuser-Buschh InBev's decision will be based on a diligent reviesw of the strategic and financia consequences ofany divestment, with the goal of creatinbg the best opportunities and value for all constituents. We will not commentt on who has approached us for which In April, A-B InBev reached an agreement to to Kohlberg Kravis Roberts.

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