AB InBev lines up banks for SABMiller takeover
Anheuser-Busch InBev NV is lining up banks including Bank of America Corp. and Banco Santander SA to arrange as much as US$70 billion in financing as it prepares to make a takeover proposal for SABMiller Plc, according to reports from Bloomberg News.
Anheuser-Busch accused of watering down beer
Reports from the US say that Anheuser-Busch, the biggest brewer in the US and part of A-B InBev, the world’s largest brewer, is being sued for watering down its Budweiser, Michelob and other brands.
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Staffing crisis could open opportunities
The pandemic has thrown many challenges at bar owners over the past couple of years and the ones that survived the various lockdowns and restrictions deserve a pat on the back. However, while revenues are returning and bars are beginning to recruit once more, we’ve come up against a whole new set of problems, one of which is a global starring crisis.
