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InBev NV, the Belgian-Brazilian beverage giant, has launched a $46.4 billion unsolicited takeover bid to acquire Anheuser-Busch. The deal, if completed, would create the world’s largest brewer generating annual sales of $36 billion, according to the Wall Street Journal.

Anheuser responded to the bid by saying that it “will pursue the course of action that is in the best interests of Anheuser-Busch's stockholders” and would make a decision "in due course."

Carlos Brito, CEO of InBev, said in a statement that the deal "will create a stronger, more competitive, sustainable global company which will benefit all stakeholders."

The Journal also reports that August A. Busch IV, CEO of Anheuser, “has indicated he is opposed to a takeover of the beer giant started by his great-great grandfather, Adolphus Busch,” but that other members of the family are open to holding discussions with InBev. And, according to the Journal, “Busch family members own less than 4% of the stock,” which means that they are not in a position to block a sale of the company.

Anheuser is expected to explore other options in addition to the InBev offer.
KC's View:
I believe in the global economy, but it would be a shame if an American icon like Anheuser-Busch were sold to a foreign company; it’d be like selling the Washington Monument or the St. Louis Gateway Arch.

Here’s what I don't understand. How come it always seems to be foreign companies coming to the US to acquire our icons, and it rarely seems to be US companies going to other countries to buy theirs? That’s probably an overstatement and a simplification brought on by too little sleep and too much caffeine. But that seems to be the case, at least lately.