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Anheuser Busch Inbev SA NV (BUD.N)

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Latest Key Developments (Source: Significant Developments)

AB Inbev Q3 total volumes down 0.9 pct, in line with Reuters poll
Friday, 28 Oct 2016 01:00am EDT 

Anheuser Busch Inbev SA : Total volumes declined by 0.9 pct in Q3, with our own beer volumes down by 0.2 pct . Q3 total volumes 121.0 million hls versus 121 million hls in Reuters poll . EBITDA declined by 2.0 pct in Q3 to $4,032 million . Interim dividend: the AB Inbev board has approved an interim dividend of 1.60 euros ($1.74) per share for the fiscal year 2016 . Revenue grew by 2.8 pct in Q3, and by 3.3 pct in first 9 mths . Q3 revenue $11.11 billion versus $11.45 billion in Reuters poll . Q3 normalized net profit attributable to equity holders $1.36 billion versus $1.67 billion year ago . Q3 normalized EBITDA $4.43 billion in Reuters poll . Industry volumes in China were essentially flat in the quarter . Total AB Inbev: previous guidance was for net revenue per hl to grow organically ahead of inflation, on a constant geographic basis. Given weak results in Brazil, now expect growth in line with inflation . Given the weak results in Brazil, we now expect growth in line with inflation for total ab inbev top line growth . Says amending guidance for net revenue per hl . In the US: we expect industry volumes in FY to be in line with the year to date trend . In Mexico: we expect another year of solid growth in industry volumes . In Brazil: we no longer expect to achieve our goal of flat net revenue in Brazil for the full year . In China: we expect industry volumes to remain under pressure in FY.  Full Article

Altria becomes significant shareholder in Anheuser-Busch InBev
Tuesday, 11 Oct 2016 08:30am EDT 

Altria Group Inc : Altria becomes significant shareholder in Anheuser-Busch InBev; revises 2016 full-year earnings guidance . Altria Group Inc - expansion of its $1 billion share repurchase program to $3 billion to be completed by end of Q2 of 2018 . Altria Group Inc- revises 2016 full-year earnings per share (EPS) guidance to reflect reporting lag . Altria Group Inc- Altria is receiving a total of approximately $5.3 billion in pre-tax cash . Altria Group Inc - Altria revises its guidance for 2016 full-year adjusted diluted EPS from a range of $3.01 to $3.07 to a range of $2.98 to $3.04 . Altria Group Inc - Altria now owns 185.1 million restricted shares of Anheuser-Busch InBev, representing a 9.6% economic and voting interest . Altria - expects to record total estimated pre-tax gain in its reported earnings of about $13.7 billion, or 4.55/share, all of which will be recorded in Q4 . Altria Group Inc says altria maintains its long-term financial goals of growing adjusted diluted EPS at an average annual rate of 7% to 9% . Altria Group Inc - maintaining a target dividend payout ratio of approximately 80% of adjusted diluted EPS . Altria Group Inc - will use equity method of accounting for its investment in Ab InBev . FY2016 earnings per share view $3.05 -- Thomson Reuters I/B/E/S . Altria - timing lag from accounting method change will not affect co's cash flows or quarterly dividends per share.  Full Article

AB InBev says Belgian offer for SABMiller closed on Oct 7
Monday, 10 Oct 2016 01:06am EDT 

Anheuser Busch InBev Sa :Anheuser-Busch InBev announces closing of Belgian offer and results of elections of SABMiller shareholders.  Full Article

Asahi Group plans to offer over $4.87 bln for SABMiller's beer operations in five Eastern European countries - Nikkei
Tuesday, 4 Oct 2016 01:05pm EDT 

Nikkei:Asahi Group plans to offer more than 500 billion Yen ($4.87 billion) for SABMiller's beer operations in five Eastern European countries - Nikkei.  Full Article

Anheuser-Busch Inbev welcomes court sanction of UK scheme of arrangement
Tuesday, 4 Oct 2016 07:00am EDT 

Anheuser-Busch Inbev SA : Anheuser-Busch Inbev welcomes court sanction of UK scheme of arrangement . Welcomes SABMiller PLC’s announcement that the High Court of Justice in England and Wales has sanctioned the UK scheme . It is expected that the UK scheme will become effective at or around 6.15 pm (London time) later on Oct. 4 . Trading in SABMiller shares will be suspended with effect from 7.30 am (London time) on Oct. 5 .The expected timetable of principal events remains as set out in the announcement made by AB Inbev relating to the approval of its shareholders on Sept. 28.  Full Article

Kirin seeks partner in bid to revive Brazil beer business - Nikkei
Thursday, 15 Sep 2016 01:19pm EDT 

: Kirin seeks partner in bid to revive Brazil beer business - Nikkei . Kirin will start negotiating with Heineken, other companies for a possible partnership to get its struggling beer business in Brazil back on track - Nikkei . Anheuser-Busch Inbev and Grupo Petropolis are said to be among the others that have shown interest in partnership with Kirin - Nikkei .Kirin will also consider selling a stake in its Brazilian subsidiary to solidify the partnership - Nikkei.  Full Article

Amundi discloses 1.2 pct stake in Anheuser Busch InBev
Monday, 5 Sep 2016 07:08am EDT 

Amundi Sa :Amundi SA announces public opening position/dealing disclosure of 1.2 pct stake in Anheuser Busch Inbev SA.  Full Article

Ab inbev expects potential job reduction of about 3 percent of total workforce of the combined group
Friday, 26 Aug 2016 02:06am EDT 

Ab Inbev: Expects potential job reduction of about 3 percent of total workforce of the combined group .Anticipated job reductions will be implemented gradually, in phases, over a three-year period following completion.  Full Article

SABMiller publishes scheme documents in relation to AB InBev offer
Friday, 26 Aug 2016 02:00am EDT 

SABMiller Plc : Scheme of arrangement .Today publishing scheme document, which is being sent, or made available, to SABMiller shareholders.  Full Article

Elliott Capital says owns 1.2 pct stake in SABMiller
Wednesday, 24 Aug 2016 10:25am EDT 

Elliott Capital Advisors, L.P. :Elliott Capital Advisors, L.P. discloses 1.2328 pct stake in SABMiller plc Via derivatives - regulatory filing.  Full Article

U.S. corporate bond issuance breaks records for sixth year

NEW YORK (IFR) - US investment grade bond issuance volumes reached US$1.276trn on Tuesday, breaking annual issuance records for the sixth year running, according to IFR data.