Last quote about Anheuser-Busch
All quotes about Anheuser-Busch
Some of these items will reverse, but this is more than just a temporary issue.
We admire Otto's vision that will shape the future of self-driving transportation. As we continue to partner with long-haul carriers to ship our beers, we hope to see this technology widely deployed across our highways to improve safety for all road users and work towards a low-emissions future.
The incredible success of this pilot shipment is an example of what is possible when you deploy self-driving technology. It also showcases the importance of collaboration with forward-looking states like Colorado and innovative companies like Anheuser-Busch.
We can see a future where this type of equipment is standard on all trucks.
It's a very important relationship that we intend to continue to develop and evolve.
They know they're potentially next on the menu and the idea of them having a potential hostile acquirer as your key partner in Africa is not something I think will sit well with Coca-Cola. So even if they weren't a potential acquirer ... that in itself would sit uneasily.
The board's decision was difficult given changes in circumstances since the board originally recommended £44 per share in cash last November. We believe the final cash consideration of £45 per share to be at the lower end of the range of values considered recommendable.
This is another big piece of news to take in and I appreciate this will cause lots of internal and external speculation. However, please stay focused and I will keep you updated as soon as I am able to.
The board needs to consider the revised offer, taking into account all facts and circumstances.
The DOJ's significant requirements... appear to address some of our major apprehensions with the merger. With effective enforcement of these provisions, small brewers can rely on their independent distributor partners to access the market.
The remedy we secured will help preserve and promote competition in the multi-billion dollar U.S. beer industry. Independent distributors that sell (AB InBev's) beer will have the freedom to sell and promote the variety of beers that many Americans drink.
Consumers have evolved, saying they want to have something that is lighter or non-alcoholic for enjoyment.... They want to look cool drinking that as part of everyday life with friends.
The higher alcohol segment is largely covered by craft. The mainstream boys have decided to go to a segment that is less saturated.
The reality is that this is a big company that cannot afford to get this deal delayed. It's great news that it's all done and dusted.
It was therefore very important that AB InBev's takeover of SABMiller did not reduce competition on European beer markets.
My big question is whether it's good for consumers. Of course you're creating what some have called the OPEC of beer. It will have enormous global market share, enormous pricing power. And yes, of course if this deal is to be waved through by the competition authorities, there are going to have to be significant disposals both in North America and in China.
ABI is paying a high price but accretion to earnings from low debt costs would be something in the region of 15 percent. However, we think the return on this deal could be a relatively disappointing 8 percent after 10 years.
It's exactly the moment they've been waiting for. It makes sense financially for the first time in years.
The costs that could be saved in the distribution operations are high – and the antitrust hurdles are higher.
The real attraction is Africa, where AB InBev has no presence, as well as some add-ons in Asia and Latin America.
People believe there is so much evidence, with sponsors dropping, that it is the truth. Do I think it can survive? If Lance comes clean and admits that he has done wrong and he lied to the world, then yes, I think it can survive. If he continues, I think it probably will just eventually dry up.
I think what's important here is that Budweiser beer will continue to be brewed in the same brewers. We don't have plans to close any brewers. It will by brewed by the same people according to the same recipe, traditions and heritage. I think that's what matters at the end of the day.