UK: Comment - Will Heineken join A-B in Latin American venture?
By Chris Brook-Carter | 9 November 2001
Heineken may seek a partnership with US beer giant Anheuser-Busch, analysts believe following a presentation last night by Heineken executive Tony Ruys. Equity analyst WestLB Panmure said, in a report today, that the major international beer producers faced the problem of potential over-payment for assets on the one hand and the need to balance the effects of emerging market exposure, where there are higher growth prospects.
just-drinks articles are only available to registered users and members.
Join now for increased access
There are various access options to choose from. All provide instant access to the latest news, insight and expert analysis.
If you’re already a member, login here.
Heineken may seek a partnership with US beer giant Anheuser-Busch, analysts believe following a presentation last night by Heineken executive Tony Ruys. Equity analyst WestLB Panmure said, in a report today, that the major international beer producers faced the problem of potential over-payment for assets on the one hand and the need to balance the effects of emerging market exposure, where there are higher growth prospects.
- Unlimited access to all the latest global beverage news and insight
- Expert analysis that puts the news into context
- Exclusive interviews with leading industry figures
- Monthly management briefings with detailed analysis on hot topics
- Personalised RSS feeds and email newsletters
- 10-year archive of news, insight and intelligence
- Discounts on just-drinks market research
- Plus much more
If you’re already a member, login here
More articles related to this one
US: Anheuser ups its stake in Tsingtao
Anheuser-Busch has increased its economic interest in China's Tsingtao to 27% upon its conversion of all the remaining convertible bonds in Tsingtao.
US: Legg Mason cuts Anheuser rating
Equity analyst Legg Mason has downgraded its rating of the US brewer Anheuser-Busch from "hold" to "sell" after the company issued a statement saying it expected sales below previous estimates.
AUSTRIA: Heineken sells real estate business
Heineken said yesterday that its Austrian subsidiary Brau Union AG has signed an agreement for the divestment of its Real Estate Division. This division comprises all non-business related real estate units. The consideration of the transaction after capital gain taxes amounts to €238m.
