Anheuser Busch Inbev SA (BUD.N) Key Developments |
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Anheuser Busch Inbev SA (BUD.N)

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Latest Key Developments (Source: Significant Developments)

Anheuser Busch InBev says welcomes EU clearance for SABMiller deal
Tuesday, 24 May 2016 12:30pm EDT 

Anheuser Busch InBev SA : Anheuser-Busch InBev welcomes clearance in EU . AB InBev has now obtained approval in 14 jurisdictions. . "With this clearance, we remain firmly on track for a closing in second half of 2016" - CEO of AB InBev. .In remaining jurisdictions where regulatory clearance is still pending, AB InBev will continue to engage proactively with relevant authorities.  Full Article

SABMiller FY revenue down 8 pct
Wednesday, 18 May 2016 02:30am EDT 

Sabmiller Plc : FY group net producer revenue (NPR) grew by 5%, with group npr per hl growth of 3%. . FY group beverage volumes increased by 2%, with lager volumes up 1% and soft drinks volumes up 6%. . Adjusted constant currency FY EPS grew by 12% . FY profit before tax $4.07 billion versus $4.83 billion a year ago . FY EBITA $5.81 billion versus $6.37 billion a year ago . Expect to deliver good underlying performance in year ahead . Expects that co will "continue to face foreign exchange volatility" . Final dividend 0.9375 usdper share . Total dividend up 8 percent to 1.22 USD per share .FY adjusted basic EPS fell 6 percent to 2.241 USD.  Full Article

SABMiller says merger parties welcome SA'S Competition Tribunal decision
Tuesday, 10 May 2016 11:40am EDT 

SABMiller Plc : Coca-Cola Beverages Africa merger parties welcome competition tribunal approval for formation of CCBA . Parties said decision is an endorsement that merger will support business agenda within broader South African political and social context .Merger parties expect transaction to complete as soon as practicable..  Full Article

AB InBev launches a noteholder consent solicitation process
Friday, 6 May 2016 02:01am EDT 

Anheuser Busch Inbev Sa : Announces a solicitation of participation to general bondholder meetings . Sent meeting invitations to holders of each series of notes listed below to consent to certain modifications over proposed combination with SABMiller .Has launched a noteholder consent solicitation process.  Full Article

Anheuser Busch Inbev comments on FY 2016 guidance
Wednesday, 4 May 2016 01:00am EDT 

Anheuser Busch Inbev SA:Says is making good progress towards obtaining the necessary regulatory clearances for the proposed combination with SABMiller.Continue to expect the transaction to close in the second half of 2016.Expects 2016 revenue per hl to grow organically ahead of inflation, on a constant geographic basis.Expects net capital expenditure of approximately 4.0 billion USD in FY 2016.In China: expects industry volumes to remain under pressure in FY 2016.  Full Article

Anheuser Busch Inbev SA offers concessions in bid to win EU okay for SABMiller buy - Reuters News
Monday, 11 Apr 2016 11:40pm EDT 

Anheuser Busch Inbev SA:Anheuser-Busch InBev ABI.BR has submitted concessions to European Union antitrust regulators to try to secure approval for its $100 billion-plus takeover of SABMiller, the largest ever deal in the consumer goods industry - RTRS.The European Commission said it would now decide by May 24 whether to clear the deal, a filing on its website showed without giving further details.AB Inbev has already struck a deal to sell SABMiller's Peroni and Grolsch brands and their related businesses in Italy, the Netherlands and Britain to Japan's Asahi Group Holdings 2502.T to fend off EU regulatory worries.The SABMiller acquisition would allow AB InBev to expand into countries such as Colombia and Peru and crucially, Africa.The world's top brewer is also selling SABMiller's stake in U.S. joint venture MillerCoors to Molson Coors Brewing TAP and SABMiller's stake in its CR Snow venture to China Resources Beer to address competition concerns in other regions.  Full Article

Anheuser Busch Inbev SA - South Africa's competition watchdog to ask for more time to probe SABMiller, AB InBev deal - Reuters News
Monday, 4 Apr 2016 02:35am EDT 

Anheuser Busch Inbev SA:South Africa's competition watchdog said on Monday it will request an extension to Tuesday's deadline to complete an investigation of Anheuser-Busch InBev's ABI.BR planned $100 billion-plus takeover of SABMiller SAB.L. - RTRS."This transaction raises certain concerns which should be considered and addressed," said Competition Commission spokesman Itumeleng Lesofe. "It is for this reason that we need more time to evaluate the transaction.".  Full Article

Anheuser Busch Inbev is expected to raise at least 11.75 billion euro
Wednesday, 16 Mar 2016 07:30am EDT 

Anheuser Busch Inbev SA:Is expected to raise at least €11.75bn from a six-part bond issue on Wednesday with demand surpassing €28bn, according to a lead bank.  Full Article

Anheuser Busch Inbev nearing deal for sale of SABMiller plc's Chinese beer business - WSJ
Tuesday, 1 Mar 2016 03:33pm EST 

WSJ:Anheuser Busch Inbev nearing deal for sale of SABMiller plc's Chinese beer business to China resources beer holdings.  Full Article

Anheuser Busch Inbev SA - German beer purity in question after environment group finds weed-killer traces - Reuters
Thursday, 25 Feb 2016 04:14am EST 

Anheuser Busch Inbev SA:A German environmental group said on Thursday it has found traces of the widely used weed-killer ingredient glyphosate in Germany's 14 most popular beers, a potential blow to the country's reputation for "pure" brewing - RTRS.Industry and government immediately sought to play down the report from the Munich Environmental Institute.The Brauer-Bund beer association said the findings, which were based on a small number of samples, were not credible. Germany's Federal Institute for Risk assessment said the levels did not pose a risk to consumers' health.Under the "Reinheitsgebot", or German purity law - one of the world's oldest food safety laws and celebrating its 500th anniversary this year - brewers have to produce beer using only malt, hops, yeast and water.Brauer-Bund said there were government controls in place in breweries to ensure that no harmful substances made their way into the production process.Its own monitoring system for malt has never detected levels of glyphosate that were above the permitted maximum limits, it added.Hasseroeder, a beer brewed in Saxony-Anhalt in eastern Germany and owned by Anheuser Busch Inbev ABI.BR, contained the highest trace of glyphosate at 29.74 micrograms per litre, the institute said.The smallest amount, 0.46 micrograms per litre, was found in Augustiner, made in Munich.  Full Article

BRIEF-Molson Coors unit announces proposed private offering

* Says its unit has commenced a private placement offering in Canada of Canadian dollar-denominated senior note