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InBev CEO sees strong rationale in A-Busch offer

Thu Jun 12, 2008 1:17pm IST
 
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BRUSSELS (Reuters) - The chief executive of InBev said on Thursday there was a very strong rationale for his company's $46.3 billion bid to buy U.S. rival Anheuser-Busch Cos Inc to create the world's largest brewer.

"The business rationale is very strong," Carlos Brito said in a video statement posted on InBev's website (here).

Belgium-based InBev, formed by the 2004 merger of Belgium's Interbrew with Brazil's AmBev, announced on Wednesday the biggest ever takeover of an alcoholic drinks company.

(Reporting by Ingrid Melander; Editing by David Cowell)

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