AS the battle to seal a deal with BBAG, the Austrian brewer which opened itself up to bid last week, looms, shares in Interbrew fell more than 5%, on fears the Belgian giant would be tempted to overpay for a takeover.


Growing investor concern of a costly takeover battle saw Interbrew’s stock fall 5.3% to €18 euros before recovering to €18.15 euros.


“The share price is down because people fear that it will again try to get it at a high price,” said Petercam fund manager Johan Van Geeteruyen.


Interbrew has a reputation for over-paying for its acquisitions, in particular its deal to buy Germany’s Beck’ share price has suffered from its reputation of paying too much for its acquisitions, especially Germany’s Beck’s in 2001.

GlobalData Strategic Intelligence

US Tariffs are shifting - will you react or anticipate?

Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.

By GlobalData

Just Drinks Excellence Awards - Have you nominated?

Nominations are now open for the prestigious Just Drinks Excellence Awards - one of the industry's most recognised programmes celebrating innovation, leadership, and impact. This is your chance to showcase your achievements, highlight industry advancements, and gain global recognition. Don't miss the opportunity to be honoured among the best - submit your nomination today!

Nominate Now