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AB Inbev

April 22, 2016

Peroni and Grolsch sold to smooth AB Inbev and SABMiller deal; Primark profits hampered by strong dollar; and Volkswagen agrees to buy back 600,000 US vehicles

Peroni and Grolsch sold to smooth AB Inbev and SABMiller deal

Family-controlled brewer AB InBev, which has been shedding assets to win regulatory approval for a takeover of SABMiller, has agreed to a €2.55 billion ($2. 87 billion) deal to sell European lager brands Peroni and Grolsch.

Japanese brewer Asahi will buy the lager brands in the UK and Europe, as well as London’s Meantime brewery, which is being put up for sale to help ease regulatory concerns over its £71 billion ($102 billion) takeover of SABMiller.

November 13, 2015

AB InBev launches €71bn ‘mega-brewer’ offer; Chow Tai Fook Jewellery profit warning; Padnos transitions to fourth generation

AB InBev launches €71bn offer for SABMiller
Family-controlled brewer AB InBev, which produces brands such as Stella Artois, Budweiser and Beck's, has formally proposed a merger with the world’s number two brewer SABMiller - whose controlling shareholders include the Santa Domingo family from Columbia.

September 18, 2015

Subway founder Fred DeLuca dies at 67; Family brewers eye $275bn mega merger; and Madison Square Garden to split entertainment and media businesses

Subway founder Fred DeLuca dies at 67

Fred DeLuca, the billionaire founder and president of American sandwich franchise Subway, died this week after a two-year battle with leukaemia. He was 67.

The second-generation Italian immigrant started small with his first sandwich shop in Bridgeport, Connecticut in 1965. He called it Pete’s Super Submarines.

November 1, 2013

Revenues down at Wacker Chemie as they drop prices to remain compeititive and Volkswagen blames the integration of Porsche’s revenue streams last year for its significantly lower sales results for the first nine months of 2013. Jeronimo Martins, Luxottica and AB InBev all see positive results.

Revenues down at Wacker Chemie as they drop prices to remain compeititive and Volkswagen blames the integration of Porsche’s revenue streams last year for its significantly lower sales results for the first nine months of 2013. Jeronimo Martins, Luxottica and AB InBev all see positive results.

Wacker Chemie
Munich-based Wacker Chemie, manufacturer of polysilicon – a vital material for solar panels – reported a 3% drop in revenues to €1.17 billion for the third quarter of the year compared to the same period last year.

October 29, 2013

AB InBev, the largest brewery company in the world and producer of brands such as Stella Artois, Budweiser and Beck's, may be preparing to buy its closest rival in one of the largest mergers in history.

AB InBev, the largest brewery company in the world and producer of brands such as Stella Artois, Budweiser and Beck's, may be preparing to buy its closest rival in one of the largest mergers in history.

According to media reports, the Belgian family-controlled AB InBev has its eye on London-based SABMiller as its next major acquisition, following its purchase of Mexican brewer Grupo Modelo in June of this year.

AB InBev was formed in 2008 when InBev purchased Anheuser-Busch Companies – a US family brewing business, with roots dating back to 1852.

July 3, 2012

Casino, the French retail giant, took over two family-controlled grocery chains in recent weeks, while Mexican family business Grupo Modelo was sold and billionaire Carlos Slim bought shares in two European telecommunications companies.

Casino, the French retail giant, took over two family-controlled grocery chains in recent weeks, while Mexican family business Grupo Modelo was sold and billionaire Carlos Slim bought shares in two European telecommunications companies.

June 27, 2012

Family businesses across the world have been busy with sales and acquisitions recently – with brewing giant Anheuser-Busch InBev and Portuguese cork-maker Corticeira Amorim in an acquisition mood, while the Mulliez and Rinehart families are considering selling some of their interests.

Family businesses across the world have been busy with sales and acquisitions recently – with brewing giant Anheuser-Busch InBev and Portuguese cork-maker Corticeira Amorim in an acquisition mood, while the Mulliez and Rinehart families are considering selling some of their interests.

Belgium-based AB InBev is reportedly in discussions to buy the shares it doesn’t already own in fellow family business Grupo Modelo, the Mexican beer-maker that is behind brands such as Corona and Estrella.

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