Anheuser to Sell Some Breweries for up to $3 billion
Anheuser to Sell Some Breweries for up to $3 billion
Anheuser to Sell Some Breweries for up to $3 billion
Anheuser-Busch InBev said on Thursday that it would sell its operations in Eastern and Central Europe to a private equity firm.
The sale is the latest in a series of divestments that the company, based in Leuven, Belgium, set out to make after the takeover of Anheuser-Busch by InBev last year.
The buyer, CVC Capital Partners, will pay $1.68 billion in cash to start, with an additional $613 million in deferred payments and minority interests, and the possibility of $800 million later, depending on the unit’s future earnings.
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