InBev: premature to talk about A-Busch synergies
BRUSSELS (Reuters) - It is premature to talk about synergies from InBev's INTB.BR proposed takeover of Anheuser-Busch (BUD.N: Quote, Profile, Research), InBev CEO Carlos Brito said on Thursday.
InBev said it was not ready to disclose which non-core assets it could sell to finance the deal, adding that new debt was likely to be based in the United States for tax reasons.
"At this stage it's a bit premature to discuss the target with synergies," Brito told a webcast conference for analysts.
"These synergies would get us to meet our internal financial benchmarks for an acquisition," he added.
Belgium-based InBev, formed by the 2004 merger of Belgium's Interbrew with Brazil's AmBev, made on Wednesday an unsolicited $46.3 billion bid to buy Anheuser-Busch Cos and create the world's largest brewer.
© Thomson Reuters 2009 All rights reserved
India Investment Summit 2009
Top executives and bankers discuss their own plans and the broader opportunities and challenges for India. Full Coverage
GLOBAL RECOVERY
Global economy in holding pattern - IMF
The global economy is in a holding pattern and vulnerable to more upheaval, the head of the IMF said, adding a lasting recovery will depend on policymakers taking the proper steps in the coming months. Full Article





India
US
UK









