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November 18, 2008

InBev Acquires Anheuser-Busch

Breweries

On November 18, 2008, InBev completed its $52 billion acquisition of Anheuser-Busch, creating Anheuser-Busch InBev. The transaction placed Budweiser, Bud Light, Stella Artois, Beck’s, and numerous regional brands within a single international group. Regulators did not treat the combination as competitively neutral. The United States required divestiture of Labatt’s American business because of concerns in several upstate New York markets, illustrating how global mergers could produce specific local competition problems.

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Brewing Empires and Industry Consolidation

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BreweriesUSAIndustry Consolidation

Sources

These sources support the dating and historical claims in this entry.

  • U.S. Department of Justice. “Justice Department Requires Divestiture in InBev’s Acquisition of Anheuser-Busch.” November 14, 2008.

    View source on justice.gov

  • Anheuser-Busch InBev. “InBev Completes Acquisition of Anheuser-Busch.” November 18, 2008.

    View source on sec.gov

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