Anheuser-Busch shareholders approve InBev deal

13 November, 2008

US brewing giant Anheuser-Busch shareholders have approved the proposed $52 billion takeover by InBev.

US brewing giant Anheuser-Busch shareholders have approved the proposed $52 billion takeover by InBev.

A shareholder meeting was held in Secaucus, New Jersey, and more than two-thirds of Anheuser-Busch shareholders voted, with 96% voting in favour of the takeover.

The deal is expected to be completed by the end of the year, following regulatory approvals.

A-B chief executive August A Busch IV told shareholders: “The InBev proposal is in the best interest of you, our shareholders, and also provides a promising future for our beer brands and all the stakeholders - employees, wholesalers, retailers and consumers.

“We are about to sell more beer to more people in more countries than any other company in the history of brewing beer."

 InBev shareholders approved the deal at the end of September.  





Digital Edition

Drinks International digital edition is available ahead of the printed magazine. Don’t miss out, make sure you subscribe today to access the digital edition and all archived editions of Drinks International as part of your subscription.

Comment

La'Mel Clarke

Service isn’t servitude: the skill of hosting

La’Mel Clarke, front of house at London’s Seed Library, looks at the forgotten art of hosting and why it deserves the same respect as bartending.

Instagram

Facebook