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MarketScreener Homepage  >  Equities  >  Euronext Bruxelles  >  Anheuser-Busch InBev    ABI   BE0974293251

ANHEUSER-BUSCH INBEV

(ABI)
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Real-time Estimate Quote. Real-time Estimate Tradegate - 10/21 03:59:59 pm
46.96 EUR   -2.83%
08:18aAB INBEV : Gets a Neutral rating from JP Morgan
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05:30aAB INBEV : Buy rating from Bernstein
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10/19AB INBEV : UBS reiterates its Neutral rating
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U.S. approves Anheuser-Busch deal to buy Craft Brew Alliance

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09/19/2020 | 02:48am EDT
FILE PHOTO: The logo of AB InBev is pictured inside the brewer's headquarters in Leuven

The U.S. Justice Department said on Friday it approved Anheuser-Busch's plan to buy the shares of Craft Brew Alliance that it does not already own.

The $220 million deal, which was announced in November, was approved on condition the companies sell Craft Brew Alliance's Kona brand beer.

The Portland-based CBA's other brands include Appalachian Mountain Brewery, Cisco Brewers, Redhook Brewery and Widmer Brothers Brewing.

Anheuser-Busch owned 31.2% of CBA before the deal was announced, and also distributed many of CBA's brands.

"CBA's diverse portfolio of national lifestyle brands and award-winning regional breweries are an excellent complement to our family of craft partners," said Marcelo Michaelis, president of ABI's Brewers Collective business unit.

The companies said in a release that closing was expected "in the coming weeks."

By Diane Bartz


Stocks mentioned in the article
ChangeLast1st jan.
ANHEUSER-BUSCH INBEV -2.98% 46.89 Delayed Quote.-35.51%
CISCO SYSTEMS, INC. -0.36% 39.06 Delayed Quote.-18.56%
CRAFT BREW ALLIANCE, INC. 0.12% 16.51 End-of-day quote.0.06%
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Financials (USD)
Sales 2020 45 238 M - -
Net income 2020 802 M - -
Net Debt 2020 85 362 M - -
P/E ratio 2020 186x
Yield 2020 1,91%
Capitalization 113 B 113 B -
EV / Sales 2020 4,38x
EV / Sales 2021 3,96x
Nbr of Employees 170 000
Free-Float 39,4%
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Technical analysis trends ANHEUSER-BUSCH INBEV
Short TermMid-TermLong Term
TrendsNeutralBullishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 29
Average target price 67,05 $
Last Close Price 57,17 $
Spread / Highest target 69,5%
Spread / Average Target 17,3%
Spread / Lowest Target -28,9%
EPS Revisions
Managers
NameTitle
Carlos Alves de Brito Chief Executive Officer
Martin J. Barrington Chairman
Fernando Mommensohn Tennenbaum Chief Financial Officer
David Almeida Chief Strategy & Technology Officer
William F. Gifford Non-Executive Director
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