7 years ago
Anheuser-Busch InBev shares fall flat on talk of a Coca-Cola deal
Shares of Anheuser-Busch InBev ended Monday down 1.85 percent on a report that the brewer might have its eyes on U.S. beverage giant Coca-Cola for its next acquisition. InBev, the world's largest brewer, already completed a $107 billion purchase of SABMiller, but the Sunday Telegraph said Carlos Brito, the Belgian company's CEO, could be eyeing its next acquisition target, Coca-Cola. A deal for Coke, with a stock market capitalization of $176 billion, could provide a big bonus payday for InBev's top managers, the report said.
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