Anheuser-Busch hires financial advisers-sources
PHILADELPHIA, June 2 (Reuters) - Anheuser-Busch Cos Inc (BUD.N: Quote, Profile, Research) hired Goldman Sachs (GS.N: Quote, Profile, Research) and Citigroup (C.N: Quote, Profile, Research) as financial advisers as it braces for a potential takeover bid from Belgian brewing company InBev NV INTB.BR, sources familiar with the situation said on Monday.
Anheuser-Busch, Citigroup and Goldman Sachs all declined to comment.
InBev, the world's second-biggest brewer, has not yet decided whether to proceed with a bid for Anheuser-Busch, sources said. InBev could not be immediately reached for comment.
According to media reports, InBev has been trying to arrange a $50 billion funding package from a group of banks, including JP Morgan (JPM.N: Quote, Profile, Research) and Santander (SAN.MC: Quote, Profile, Research). (Reporting by Jessica Hall in Philadelphia and Martinne Geller in New York; editing by Jeffrey Benkoe) (For more M&A news and our DealZone blog, go to here)
© 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
An icon bows to changing times
With his Playboy Enterprises in talks to be sold for about $300 million, the 83 year-old Hugh Hefner will be giving up control over the iconic adult entertainment empire he founded that was instrumental in shaping society's opinions on nudity, sex and free speech. Full Article





India
US
UK









