Monday, July 14

It's ours !!!

The Belgian-Brazilian brewer, InBev, swallowed US rival Anheuser-Busch in a 52 billion dollar (33 billion euro) takeover creating the world's biggest brewer. While ending Anheuser's roughly 150 years of independence as a premier American brewer, the deal creates not only the world's largest beer company but one of the top five consumer goods groups in the world !! Many US shareholders in Anheuser-Busch, including billionaire investor Warren Buffett, favoured the deal in spite of heavy political resistance. Cheers !!!