Anheuser-Busch, InBev Reported To Be In Early-Stage Merger Talks

Thursday, 15 Feb 2007 | 9:25 AM ET

Brewer Anheuser-Busch is said to be in preliminary merger talks with Belgian brewer InBev, according to a report in a Brazilian business daily Valor Economico.

A source close to top InBev investors Marcel Hermann Telles, Carlos Alberto Sicupira and Jorge Paulo Lemann said the two companies have held preliminary talks about a union, the report said.

The trio were behind the $11 billion merger between Brazilian brewer Companhia de Bebidas das Americas, or AmBev, and Interbrew. That deal created InBev in 2004.

Last November, Anheuser-Busch become the exclusive importer of a number of InBev's European brands, including Stella Artois, Beck's and Bass Pale Ale.

InBev's shares rose more than 5% on the report, and sparked a rally in the European brewing sector.

  Price   Change %Change


Contact U.S. News


    Get the best of CNBC in your inbox

    › Learn More

Don't Miss

U.S. Video

  • Mad Money's Jim Cramer discusses Micron Technology and how the company gained control over inventory issues. The bears expect the company's history to repeat itself, but Cramer says this time, it feels different.

  • In this excerpt from a live CNBC interview, Warren Buffett explains why it's extremely unusual for a company's directors to vote against executive compensation plans.

  • Mad Money host Jim Cramer says shareholder activism works for every shareholder, and offers his take on the Valeant/Bill Ackman bid to acquire Allergan. The market is better off for these efforts, he says.