ST. LOUIS, Missouri (AP) -- Belgian brewer InBev has announced it will buy its U.S. rival Anheuser-Busch for $52 billion to create the world's largest brewer.
The deal would create the world's largest brewer and put the U.S. beer-maker in the hands of Belgian-based InBev.
The acquisition means control over America's largest brewer, the No. 2 worldwide, moves overseas. Based in St. Louis, Missouri, Anheuser-Busch has more than 48 percent of American market share with brands that include Bud Light.
InBev confirmed the details of the purchase of Anheuser-Busch early Monday. It first bid for Anheuser-Busch on June 11.
InBev is the world's second largest beer maker, with brands that include Stella Artois and Becks.
Source -
http://www.cnn.com/2008/US/07/14/anh....ap/index.html