The FinancialContent Network     SocialPicks Community   |   MarketMinute Monitor   |   MarketMinute Market Updates   |   MarketMinute Stock News
SocialPicks
   Sign Up   |   Log In   |   What is SocialPicks?     
The Stock Idea & Analysis Community
SocialPicks is a community where stock investors exchange ideas and track performance of financial bloggers.
Top_member_photos
Get free stock picks and email alerts daily
 
Are you a stock guru?

1 point   posted on 11/24/08
Arrow_up
Arrow_down
Jpeg_sun4agk
61%
+14.64%
 risk: aggressive

Is this BUD for you?


Anheuser-Busch InBev plans to sell €6.36B ($8.05B) of stock to fund the transaction that formed the company. The sales was originally planned for last month but was postponed because of falling share prices. Anheuser-Busch InBev, now the world's largest brewer, will offer the shares at €6.45 each, 69% less than Friday's closing price of €20.60.

Anheuser-Busch InBev, formed last week after the largest European and American brewers merged, revived a stock sale to pay down the deal's $54.8 billion of debt after its controlling investors stumped up more cash.

As many as 986.1 million new shares are being sold to current investors at 6.45 euros apiece, raising 6.36 billion euros ($8.05 billion), the Leuven, Belgium-based maker of Stella Artois and Budweiser said today. Investors can subscribe for eight new shares for every five they already own until Dec. 9.

  Related to:  
BUD AnheuserBusch Companies Inc


Comments (3)

Add Comment

Arrow_up
Arrow_down
Kbe_4-14
nextfundmanager   N/A     1 point   commented 366 days ago reply

I dont know, even with inbev having a lot of cash there is still some questions about this deal

Arrow_up
Arrow_down
Money
abates   N/A     1 point   commented 357 days ago reply

all buyouts are still in question now a days but apparently only 7% of those announced recently have failed as of yet

Arrow_up
Arrow_down
traderdrew   51%     1 point   commented 356 days ago reply

I am more of a coors (TAP) man myself because owning bud right now its just playing the deal arb


Your Comment




 
AnheuserBusch Companies Inc (BUD)
   SocialPicks Sentiment:   

   This Quarter's Sentiment:
All:
83.5%
Top:
64.0%




TODAY'S HEADLINES





IN THE PRESS
Press_forbes Press_washingtonpost Press_wsj Press_npr Press_techcrunch