UK: Anheuser-Busch InBev eyes job cuts - report
An e-mail memo circulated by senior management warns of "potential redundancies" across the UK division of the global beer giant, according to the Independent on Sunday newspaper, quoting directly from the e-mail.
An A-B InBev spokesperson was not immediately available for comment this morning (08 December).
InBev's US$52bn takeover of US-based A-B, which gained final approval from regulatory authorities last month, represents the largest deal in brewing history.
Anheuser-Busch InBev has completed the sale of its remaining 7% stake in Tsingtao Brewery to private Chinese investor Chen Fashu for US$235m....
Private equity group Kohl Kravis Roberts & Co has declined to comment on a report that it is looking to sell minority stakes in Oriental Brewery, which it agreed to buy from Anheuser-Busch InBev last ...
Kohlberg Kravis Roberts & Co, the private equity group behind the purchase of Anheuser-Busch InBev's Oriental Brewery last month, has posted net losses of US$1.9bn for 2008....
Innovative Beverage Group (IBG) has entered into an agreement with Ludwig Distributing Company to bring the company's 'relaxation beverage' Drank to east-central Arkansas....
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Anheuser-Busch InBev has teamed up with Nascar driver Richard Petty for a 'Budweiser responsibility' campaign aimed at reminding fans to use a designated driver when drinking....
Labatt Brewing Co, the division of Anheuser-Busch InBev, has filed a lawsuit against fellow Canadian group Brick Brewing Co, accusing it of copying one of the group's beer labels....
Private equity group KKR, the buyer of A-B InBev's Oriental Brewery, may join Diageo in buying a stake in India's United Spirits, according to a report....
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