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The Honolulu Advertiser
Updated at 4:34 p.m., Sunday, July 13, 2008

Anheuser-Busch agrees to InBev sale

Associated Press

ST. LOUIS — Anheuser-Busch reportedly has agreed to be acquired by Belgian brewer InBev for about $52 billion.

The deal being reported by The Wall Street Journal would create the world's largest brewer and put the iconic American beer maker in the hands of the Belgian-based company behind Stella Artois and Beck's beers.

The newspaper cited anonymous sources who said Anheuser-Busch-InBev would be the new company's name and Anheuser would have two seats on the company board.

Anheuser-Busch Cos. Inc. did not return messages seeking comment Sunday evening.

The newspaper said the deal was for $70 a share. That's a $5 increase over the offer Anheuser-Busch rejected in June.