Blog: Foreign soils
Chris Brook-Carter | 17 August 2004
Following news that Interbrew is considering listing in New York, there was an interesting piece in the Dow Jones newswire column, The Skeptic, today.
It argues that Interbrew shares could gain something in the order of 16% if its shares were listed in New York and traded on a similar rating as rival Anheuser-Busch.
But it also argued that we might see Interbrew move its HQ from Leuven in Belgium to a more tax-friendly setting.
It even suggested we may see the beer giant set up residence in the sunny Cayman Islands, though how much tongue in cheek the author was employing is not obvious?
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The soft drinks world is abuzz today over what an executive shake-up at PepsiCo might mean to on-going speculation over CEO Indra Nooyi's successor....
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