The Week: City news - InBev buys Anheuser-Busch
18 Jul 2008
Anheuser-Busch, the Budweiser brewer, has accepted a raised takeover bid of $52 billion (£26 billion) from InBev, creating the world's largest brewer, Anheuser-Busch InBev.
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LONDON - The Co-operative Group is to launch more city-centre grocery stores as it goes head
Anheuser-Busch, the Budweiser brewer, has accepted a raised takeover bid of $52 billion (£26 billion) from InBev, creating the world's largest brewer, Anheuser-Busch InBev.
InBev has tabled an offer to buy Anheuser-Busch for $46.3 billion, in a deal that could see Artois and Budweiser brought within the same company.
LONDON - Mars is highlighting Galaxy's sponsorship of the Sex and the City movie with a national...of Heatworld.com for people to determine which Sex and the City character they are most like, a downloadable ... York City skyline made up of Galaxy chocolate bars. Steve Henry, executive creative director, TBWA said: By teaming Galaxy up with Sex and The City, the brand will be associated with the biggest media ...
The confectionery giant Mars is to merge with the owner of Wrigley chewing gum, in a $23 billion deal.
LONDON - It is results season in the US, and Apple, Amazon and Anheuser Busch report today. Nestle is showing a boost in first-quarter sales despite surging raw material costs, reports Stephen Foster.
Pernod Ricard has bought the Vin & Spirit Group, the owner of Absolut Vodka, for EUR5.63 million from the Swedish government after a four-month auction that also included the Swedish private equity company EQT and Future Brands, which distributes Absolut in the US.
Global Radio has a big deadline to face today, Tesco is reportedly struggling in the US and Pernod has bought Absolut, notes Stephen Foster.
Coca-Cola is set to debut its award-winning "videogame" ad on UK TV, capitalising on interest in the genre in the run-up the global launch of Grand Theft Auto IV on 29 April.
Cadbury Schweppes has reported full-year pre-tax profits of £670 million, down from £738 million in 2006, and below analysts' expectations.