Anheuser-Busch said Friday that Carlos Fernandez, chairman and chief executive of Mexican brewer Grupo Modelo, has resigned from the U.S. brewer's board of directors.
Morning Thoughts readers had plenty to say about the possibility that Belgium-based InBev could take over Anheuser-Busch and in turn a product many consider one of the symbols of America.
It's as American as the stars and stripes and apple pie – but if the speculation is right, Budweiser could be heading into European ownership.
Belgian brewer InBev, the world's second-biggest by volume, could start talks with rival Anheuser Busch on a possible merger bid Tuesday, according to a published report.
Belgian brewer InBev, the world's second-biggest by volume, is working on a $46 billion bid for Anheuser-Busch, a Financial Times report said.
French-Belgian bank Dexia posted better than expected fourth quarter earnings on Friday as a good performance at its public finance division helped it shake off the impact of the credit crisis.
InBev, the world's second-largest beer producer by volume, and U.S. Anheuser-Busch are in talks that could lead to a merger of the two, Belgian business magazine Trends said on Thursday.
Belgium's dominant telecom operator Belgacom reported first-half results above market expectations on Friday and unexpectedly raised its 2007 financial guidance for both mobile and fixed-line revenues.
Royal Bank of Scotland shareholders overwhelmingly approved the proposed 71 billion euro ($97.24 billion) takeover of ABN Amro on Friday, the third and final leg of backing from investors in the RBS-led consortium.
Belgian-Dutch financial services group Fortis reported a 16% year-on-year rise in second-quarter net profit on Thursday, beating analysts' expectations due to strong banking results.
Belgian-Dutch financial services group Fortis on Monday cleared the way for its plan to buy parts of rival ABN Amro, as its shareholders in Belgium and the Netherlands gave their approval.
Belgian drug maker UCB Group said Thursday first-half net profit fell 39% as it absorbed the cost of taking over Germany's Schwarz Pharm.
Belgian-Dutch financial services group Fortis said on Wednesday it would launch 2 billion euros ($2.73 billion) worth of conditional capital exchangeable notes.
French Prime Minister Francois Fillon said in an interview published Friday that decisions on the future of state-owned Gaz de France -- including whether to go ahead with its merger with Suez -- will be made "in the coming weeks."
Belgium-based supermarkets group Delhaize said on Wednesday that its American subsidiary would buy back up to $1.1 billion of its own debt, financed by the issue of new securities.
The CEO of Royal Bank of Scotland told CNBC that the bank's $95.7 billion bid for Dutch Bank ABN Amro is more attractive than Barclays' rival bid because it offers a higher premium and will result in fewer lost jobs with more market synergies.
A consortium led by Royal Bank of Scotland launched a 71.1 billion euro ($95.7 billion) bid for Dutch group ABN AMRO, trumping Britain's Barclays in a battle for the world's biggest bank takeover.
A consortium led by the Royal Bank of Scotland seeking to buy ABN Amro is keeping all options open on a possible offer and will clarify its position on Sunday, consortium member Fortis's chairman said.
Dutch food retailer Ahold reported a slight dip in first-quarter group sales on Friday, in line with market expectations, but analysts said underlying sales growth boded well for a recovery.
Belgian bank KBC Group said it has acquired 92.5% of Russian bank Absolut for 761 million euros ($1.03 billion), subject to regulatory approval by the Central Bank of Russia.