Credit crisis delays InBev takeover of Anheuser-Busch
By William Brand
Wednesday, October 15th, 2008 at 8:38 am in Anheuser-Busch, Beer Business, InBev.
Here’s a beer business news flash: InBev says it’s postponing completion of its $45 billion takeover of Anheuser-Busch and now expects the deal to close at year’s end. Reason: credit crisis.
InBev in a statement calls it ” unprecedented volatility in the global capital markets.” For a more technical explanation, check out Jack Curtin’s Liquid Diet blog.
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