Analyst Research

Report Title Price
Provider: Pechala's Reports
$25.00
Provider: Pechala's Reports
$15.00
Provider: Reuters Investment Profile
$20.00
Provider: Reuters Investment Profile
$20.00

NYSE and AMEX quotes delayed by at least 20 minutes. NASDAQ delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

Anheuser Busch Inbev SA to reacquire Oriental Brewery from KKR & Co LP and Affinity Equity Partners


Monday, 20 Jan 2014 12:06am EST 

Anheuser Busch Inbev SA and KKR & Co LP and Affinity Equity Partners:Says that an agreement has been entered into whereby AB InBev will reacquire Oriental Brewery (OB), a brewer in South Korea, from KKR and Affinity for $5.8 bln.Says this agreement returns OB to the AB InBev portfolio, after AB InBev sold the company in July 2009, following the combination of InBev and Anheuser-Busch, in support of the company's deleveraging target.Says AB InBev will reacquire OB earlier than July 2014, as it was originally entitled to under the 2009 transaction.Says OB will continue to be led by In-soo Chang, CEO, and will remain headquartered in South Korea under its current name.Says OB will become a part of AB InBev's Asia Pacific Zone, led by Zone President Michel Doukeris. 

Company Quote

113.06
-0.38 -0.34%
11 Jul 2014