« Off To Denver | Main | GABF: The Good, The Bad, And The Ugly »

Anheuser-Busch InBev Update

I'm back from Denver and will post a report about that soon -- but this is a quick drive-by entry about the A-B InBev deal:

At least one analyst now rates the deal as a 90% certainty, which is precisely where I'd pegged it last week. (InBev is borrowing the cash to make the purchase, and as I think we all know, banks everywhere took a serious hit last week. No one wanted to loan money to anyone for anything.) (Hey. If I rated the deal as 90% certain, and a Big Shot Analyst agrees with me, maybe I'm in the wrong business!)

And as expected, Carlos Brito has announced that Dave Peacock will serve as A-B's new president. This is good news for everyone at A-B: Peacock, who is currently VP of marketing at A-B, is respected, admired, and liked by A-B employees and by the larger brewing industry.

So -- onward and upward.

About

This page contains a single entry from the blog posted on October 13, 2008 10:13 PM.

The previous post in this blog was Off To Denver.

The next post in this blog is GABF: The Good, The Bad, And The Ugly.

Many more can be found on the main index page or by looking through the archives.

Powered by
Movable Type 3.35