InBev N.V., whose famous brands include Stella Artois and Beck's, has offered to purchase one of America's leading beer brewer Anheuser-Busch Co. Inc., maker of the popular Budweiser and Michelob brands, for a cool US$46.3-billion. If the deal pushes through, it would create the world's largest beer manufacturer. Anheuser-Busch, by the way, has counts Warren Buffet holding firm, Berkshire Hathaway Inc., as its second largest shareholder with a 5% stake.
Last Wednesday (June 11), Anheuser-Busch's shares jumped more than 7% to US$62.73 per share in the New York Stock Exchange (NYSE) brought about by the merger talks. Nonetheless, the current market price of the target firm is still below the offer price of InBev which is pegged aroung US$65 per share. And this offer price represents a 24% premium to Anheuser-Busch's share price on May 22 of this year.
But with the way things are going, I could foresee that the final deal price might reach around US$75 per share.
Last Wednesday (June 11), Anheuser-Busch's shares jumped more than 7% to US$62.73 per share in the New York Stock Exchange (NYSE) brought about by the merger talks. Nonetheless, the current market price of the target firm is still below the offer price of InBev which is pegged aroung US$65 per share. And this offer price represents a 24% premium to Anheuser-Busch's share price on May 22 of this year.
But with the way things are going, I could foresee that the final deal price might reach around US$75 per share.
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