Interbrew Shareholders Back Ambev Move
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Shareholders of Belgian brewer Interbrew SA on Friday backed the planned &#36;11.4 billion combination of their family company with Brazil's Ambev in a deal that would form the world's largest brewer by volume.
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Shares in the world's top brewer, Belgium's InBev , rose 5.6 percent on Thursday on a report in Brazil's Valor Economico that suggested the company could merge with Anheuser-Busch , traders said.
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In a bid to gain support for its proposed merger with the Adolph Coors Company, the Canadian brewer Molson offered minority shareholders a $316 million special dividend.
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InBev SA, the world's largest brewer and the maker of Stella Artois, Beck's and Brahma, said Thursday its fourth-quarter profit more than doubled as it increased sales across all regions except its home base in Western Europe.
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Molson Inc., Canada&#39;s biggest beermaker, said it will pay minority shareholders a special dividend to overcome opposition to its planned C$3.
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Shares in the world's top brewer,  Belgium's InBev , rose 5.6 percent on Thursday on a  report in Brazil's Valor Economico that suggested the company  could merge with Anheuser-Busch , traders said.
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SANTIAGO, Chile  - Leading U.S. brewer Anheuser  Busch BUD.N sold its 20 percent stake in Chile's biggest  brewer CCU CCU.SN for $299 million in an auction on the  Santiago Stock Exchange on Friday.
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Anheuser-Busch Cos. Inc. , the  largest U.S. brewer, on Wednesday posted better-than-expected  quarterly earnings helped by strong summer sales in the United  States as well as growth overseas.
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The move is seen as an effort to appease Molson's investors, who have criticized the planned merger with Coors because it did not include a takeover premium for their shares.
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Beer giant Anheuser-Busch Cos. Inc. continues to grow its international business, reaching a cooperation agreement with the largest brewer in Vietnam.
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No. 2 U.S. beermaker SABMiller's  move to combine American operations with No. 3 Molson Coors  will likely be approved even though it will increase market concentration, antitrust experts said.
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Two of the world's largest brewers have gone on fresh spending sprees. Inbev, the world's largest beer-maker has bought Germany's Spaten Brewery; while rival, and global number three, Heineken has purchased ...
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Interbrew SA, the maker of Beck&#39;s and Stella Artois beer, and Brazil&#39;s Cia. de Bebidas das Americas completed their combination today after winning joint shareholder approval.
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SABMiller, the world&#39;s second largest brewer&#39;s Chinese joint-venture, China Resources Breweries Limited (CRB) has acquired the Chinese brewing interests of Lion Nathan for an equity value of $71-million and estimated assumed debt of $83-million, CRM
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InBev  shares were up more than 6 percent on talk about a report in Brazillian newspaper Valor Economico that the brewer was in merger talks with Anheuser-Busch , traders said.
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InBev SA, the world's largest brewer by volume, said Thursday its fourth-quarter profit more than doubled on increased sales of brands like Stella Artois, Beck's and Bass across all regions except its home base in Western Europe.
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Movado keeps moving, to the benefit of shareholders.