By Jessica Hall and Martinne Geller
Reuters
July 13, 2008
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PHILADELPHIA/NEW YORK (Reuters) – U.S. brewer Anheuser-Busch Cos Inc agreed to a $50 billion takeover by Belgium-based InBev NV, a source familiar with the situation said on Sunday, creating the world’s largest beer maker.
The combined company will be called Anheuser-Busch InBev, said the sources, who agreed to speak on condition of anonymity. Anheuser will get seats on the new company’s board, the sources said, but it was not immediately clear how many.
Adding another dimension to any deal was Mexico’s No. 1 brewer Grupo Modelo (Mexico:GMODELOC.MX – News), which is 50 percent owned by Anheuser. The maker of Corona beer, which has the right to choose its partner, has not yet approved InBev for that role and the two brewers remain in talks, according to one person familiar with the situation…
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