Saturday, February 9, 2008

Anheuser-InBev? is reporting that talks between Anheuser-Busc, the U.S.'s largest brewer, and InBev, the world's second largest brewer.

The Post-Dispatch's Jeremiah McWilliams has more on the background.

"Although this is speculation, we think the potential for an InBev bid (for Anheuser-Busch) will dominate the discourse on A-B," Bear Stearns analyst Justin Hott wrote Friday in a note to investors. He said he does not believe Anheuser-Busch's management wants to sell the company.

Though cryptic about the company's strategy, A-B executives say they would consider buying a foreign brewer if the right option comes along.

"We are interested in international beer acquisitions that would enhance our growth profile," W. Randolph Baker, A-B's chief financial officer, said Thursday in a conference call with analysts. "If we have an opportunity, we would certainly pursue it."

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