Inbev's Acquistion of Anheuser-Busch
Case Code: BSTR415
Case Length: 16 Pages
Period: 2008 - 2012
Pub Date: 2012
Teaching Note: Not Available
Organization: Anheuser-Busch InBev N.V.
Countries: Belgium, Brazil, USA, Global
Themes: Business Strategy
Abstract Case Intro 1 Case Intro 2 Excerpts
The case discusses the takeover of US-based brewer Anheuser-Busch Companies, Inc.(Anheuser) by Belgium-based brewer InBev SA (InBev). In November 2008, Anheuser accepted InBev's USD$ 52 billion takeover offer after a battle that lasted more than 180 days.
In June 2008, InBev made an offer to acquire Anheuser for $46.3bn, valuing each share at US$65. But the Anheuser Board rejected the offer saying it undervalued the company. The case explores the circumstances that led to Anheuser accepting InBev's offer and provides a detailed account of the deal.
- Understand the issues and challenges in Mergers and Acquisitions, particularly those involving a hostile takeover
- Analyze the pros and cons of cross-border takeovers
- Evaluate the takeover of Anheuser Busch and its potential synergies
- Study the benefits to InBev and Anheuser from the takeover deal
- Understand the role of acquisition as a growth strategy
- Examine InBev's inorganic growth strategy
Inbev Completes Acquisition of Anheuser-Busch
The Bidding War
The Final Deal
Merger and Acquisitions, Takeover, Hostile takeover, Cross-border acquisition, Synergies, Post-merger Integration, Growth strategy, Global Brewer, Carlos Brito, Budweiser, Bud Light, Stella Artois, St. Louis, Inorganic Growth, Grupo Modelo SAB, InBev SA, Anheuser Busch Companies, Inc.
Buy this case study (Please select any one of the payment options)