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A security guard walks past cars in a Geely Automobile Holdings Ltd. factory in a Shanghai suburb September 28, 2006.REUTERS/Aly Song

China in auto power play

It might not shake up the industry just yet, but China's interest in Volvo and Saab is the start of something big in global autos, writes columnist Wei Gu.  Commentary 

Budweiser maker bonds weaken after InBev bid

NEW YORK
Thu Jun 12, 2008 10:45am EDT

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NEW YORK (Reuters) - U.S. brewer Anheuser-Busch (BUD.N) bonds weakened on Thursday after it received an unsolicited $46 billion bid from European beermaker InBev INTB.BR, which is expected to be financed with debt.

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Spreads on Budweiser-maker Anheuser-Busch's 5.5 percent notes due in 2018 widened by 21 basis points to 204 basis points over Treasuries, according to MarketAxess data.

(Reporting by Anastasija Johnson; Editing by Theodore d'Afflisio)



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