Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON
  1. Homepage
  2. Equities
  3. Belgium
  4. Euronext Bruxelles
  5. Anheuser-Busch InBev SA/NV
  6. News
  7. Summary
    ABI   BE0974293251

ANHEUSER-BUSCH INBEV SA/NV

(ABI)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

U.S. approves Anheuser-Busch deal to buy Craft Brew Alliance

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


© Reuters 2020
Stocks mentioned in the article
ChangeLast1st jan.
ANHEUSER-BUSCH INBEV SA/NV -2.46% 63.4 Real-time Quote.11.21%
CISCO SYSTEMS, INC. -2.00% 52.07 Delayed Quote.16.36%
All news about ANHEUSER-BUSCH INBEV SA/NV
06/18ANHEUSER BUSCH INBEV /  : Argus Research Adjusts Price Target on Anheuser-Busch ..
MT
06/18AB INBEV  : Kepler Cheuvreux reiterates its Buy rating
MD
06/17SPLASH BEVERAGE GROUP, INC. POSTED 2 : Sbev)
AQ
06/17AB INBEV  : RBC gives a Buy rating
MD
06/15European ADRs Flat in Tuesday Trading
MT
06/15ANALYST RECOMMENDATIONS : Anglo American, Pfizer, Rolls-Royce, Nike, Oatly...
06/14ANHEUSER BUSCH INBEV  : Reports First Quarter 2021 Results
PU
06/14AB INBEV  : Bernstein gives a Buy rating
MD
06/11ANHEUSER BUSCH INBEV  : Disclosure Made According to the Requirements of the Roy..
PU
06/09Mastercard, Ambev back away from Copa America as players vent COVID-19 concer..
RE
More news
Financials (USD)
Sales 2021 52 529 M - -
Net income 2021 5 777 M - -
Net Debt 2021 77 695 M - -
P/E ratio 2021 25,9x
Yield 2021 1,24%
Capitalization 148 B 148 B -
EV / Sales 2021 4,30x
EV / Sales 2022 4,00x
Nbr of Employees 163 695
Free-Float 39,6%
Chart ANHEUSER-BUSCH INBEV SA/NV
Duration : Period :
Anheuser-Busch InBev SA/NV Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends ANHEUSER-BUSCH INBEV SA/NV
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 29
Average target price 79,99 $
Last Close Price 75,19 $
Spread / Highest target 30,1%
Spread / Average Target 6,39%
Spread / Lowest Target -45,5%
EPS Revisions
Managers and Directors
NameTitle
Carlos Alves de Brito Chief Executive Officer
Fernando Mommensohn Tennenbaum Chief Financial Officer
Martin J. Barrington Chairman
David Almeida Chief Strategy & Technology Officer
M. Michele Burns Independent Non-Executive Director
Sector and Competitors