Tell Me About Beer Events
According to the St. Louis Business Journal, rumors of the merger of Anheuser-Busch and InBev are getting louder as a recent analysis by Citibank says the two will merge “within the next two years.”
A group of seven analysts wrote: “The attractions of emerging market growth and a desire to reclaim leadership in the global beer industry, the potential for cost savings and other commercial synergies, leads us to expect an alliance between Anheuser-Busch and InBev, to which we attach a 70% probability of occurring within the next two years.”
The analysts also raised A-B’s stock rating from “sell” to “hold” and InBev’s from a “hold” rating to a “buy” rating.
