- Editor's PickDaniel Roberts•2 hours ago
Anheuser-Busch InBev (BUD), the biggest beer behemoth in the world, will at last get a prize it has wanted for many years, after SABMiller (SAB.L) shareholders backed a $100 billion takeover offer on Wednesday. Following US Department of Justice approval in July, the Brewers Association, an advocacy group that represents craft brewers, posted a statement on the deal that read in part, “We continue to believe that the merger of the world’s two largest brewers is bad for both the beer industry and consumers.” Many craft beer drinkers on Twitter pointed out that one in every four beers in the world will be AB InBev-owned. “Support real craft beer now more than ever,” said one.
- Reuters•2 hours ago
Story clarifies in paragraph 5 that joint venture managed Crown Beer distribution. Anheuser-Busch InBev S.A., the world's largest brewer, has agreed to pay $6 million to settle charges that it had violated U.S. foreign bribery laws and "chilled a whistleblower," the U.S. Securities and Exchange Commission said on Wednesday.
- American City Business Journals•2 hours ago
With a takeover of its U.S. business just weeks away, Molson Coors Brewing Co. reportedly is reviewing its media program in North America and the United Kingdom. Advertising Age reports that the Denver- and Montreal-based brewer (TAP) is assessing media agencies in the U.S., Canada and U.K. with an eye toward choosing one or more to work with early next year. Molson Coors is asking for information from "numerous" agencies, including its current media agency partners, before choosing one or more "to deliver breakthrough media planning and superior buying effectiveness," AdAge says, quoting an internal memo.
Anheuser-Busch InBev SA/NV (BUD)
NYSE - NYSE Real Time Price. Currency in USD
|Bid||131.01 x 200|
|Ask||131.09 x 200|
|Day's Range||130.50 - 131.71|
|52wk Range||105.99 - 136.08|
|1y Target Est||N/A|
Trade prices are not sourced from all markets
|P/E Ratio (ttm)||55.44|
|Avg Vol (3m)||1,353,875|
|Dividend & Yield||4.60 (3.45%)|