• Most Popular
  • Most Shared

Investment Outlook Summit

Photo

Reuters talks to portfolio managers and strategists to find what's on the horizon. Learn how to position your portfolio in the year ahead.   Full Coverage 

InBev CEO sees strong rationale in A-Busch offer

BRUSSELS
Thu Jun 12, 2008 3:47am EDT

BRUSSELS (Reuters) - The chief executive of InBev said on Thursday there was a very strong rationale for his company's $46.3 billion bid to buy U.S. rival Anheuser-Busch Cos Inc to create the world's largest brewer.

Stocks  |  Mergers & Acquisitions

"The business rationale is very strong," Carlos Brito said in a video statement posted on InBev's website (here).

Belgium-based InBev, formed by the 2004 merger of Belgium's Interbrew with Brazil's AmBev, announced on Wednesday the biggest ever takeover of an alcoholic drinks company.

(Reporting by Ingrid Melander; Editing by David Cowell)
Stocks
Mergers & Acquisitions


More from Reuters

Photo

Pay czar caps more salaries at bailed out firms

WASHINGTON/NEW YORK (Reuters) - The U.S. pay czar on Friday expanded a crackdown on pay packages at four companies rescued with taxpayer money, limiting most cash salaries at $500,000 for a second tier of top earners.

» More Top News
A model gets prepared backstage ahead of a wedding dress show at China Fashion Week in Beijing
Fashion & Style:

Flowers, church, liposuction?

Brides and grooms are opting for cosmetic surgery and other procedures, supplementing veils and cummerbunds with Botox and liposuction. Women say they want to look good for photos, but men are a different story.  Full Article 

Lifestyle
Sam Worthington and Zoe Saldana as her digital character Neytiri in a scene from "Avatar". Credit: REUTERS/Twentieth Century Fox/Handout

Will Cameron change Hollywood again?

Beyond the hype and buzz, James Cameron's $400 million "Avatar," one of the most expensive films ever made, is being closely watched for its impact on the future of movies.  Full Article 

Entertainment