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Craft Brew Alliance and Anheuser-Busch Announce New and Enhanced Commercial Agreements

PORTLAND, Ore.& ST. LOUIS---- Craft Brew Alliance, Inc. and Anheuser-Busch announced today a series of new commercial agreements that expand and strengthen the companies’ long-term relationship and create new growth opportunities for both companies. Through the agreements, AB will provide additional support and committed resources to accelerate CBA’ s growth...

Source: Business Wire

UPDATE 2-UK court says SABMiller shareholders can be split into two classes

*UK court ruling effectively raises investor approval hurdle. *More details to be published on Aug. 26. LONDON, Aug 23- SABMiller shareholders can be treated as two separate groups when they vote on the brewer's 79 billion pound takeover by Anheuser Busch InBev, a court in London ruled on Tuesday, granting a request from SAB aimed at making the vote as fair as possible.

Source: Reuters

Beer mega merger: what court ruling means for troubled deal

LONDON— A British court has ruled that two groups of shareholders in brewing company SABMiller should vote separately on the 79 billion pound takeover offer made by rival Anheuser-Busch InBev, effectively giving smaller investors an outside chance to derail the deal. While smaller shareholders will receive cash for their stakes, SABMiller's two biggest...

Source: The Associated Press

UPDATE 1-UK court says SABMiller shareholders can be split into two classes

LONDON, Aug 23- SABMiller shareholders can be treated as two separate groups when they vote on the company's takeover by Anheuser Busch InBev, a court in London ruled on Tuesday, granting a request from SAB for a split. SAB requested that those two shareholders-- cigarette maker Altria Group and Bevco, a vehicle of Colombia's Santo Domingo family-- be treated as a...

Source: Reuters

UK court says SABMiller shareholders can be split into two classes

LONDON, Aug 23- A UK court has ruled that SABMiller shareholders can be treated as two classes when they vote on the company's takeover by Anheuser Busch InBev, granting the request from the brewer for a split. The 79 billion pound deal requires 75 percent approval by SAB shareholders. SAB requested that those two shareholders- cigarette maker Altria Group and...

Source: Reuters

Red Cross Sounds Alarm: Financial Donations Urgently Needed to Aid Louisiana

To date, the Red Cross has received approximately $7.8 million in donations and pledges designated to support Louisiana– not nearly enough to cover the estimate of at least $30 million in costs. "This intense storm wasn't given a name, but it affected as many as 110,000 homes in Louisiana and has changed countless lives forever," said Brad Kieserman, vice president,...

Source: PR Newswire

Louisiana Flooding: Red Cross Shelters 8,000+ Amidst Devastating Conditions Across the State

"The current flooding in Louisiana is the worst natural disaster to strike the United States since Superstorm Sandy," said Brad Kieserman, vice president, Disaster Services Operations and Logistics for the Red Cross. More than 1,000 Red Cross disaster volunteers have been mobilized from all 50 states, the District of Columbia and Puerto Rico to help with the...

Source: PR Newswire

Red Cross Sheltering Thousands in Louisiana After Unprecedented Flooding

"This is an extremely chaotic situation right now, with life-threatening flood waters, power outages and road closures complicating relief efforts– as many local volunteers have also been directly affected by the flooding," said Brad Kieserman, vice president, Disaster Services Operations and Logistics for the Red Cross. The Red Cross is mobilizing a massive...

Source: PR Newswire

Anheuser-Busch Provides Community Restoration Grants to Keep America Beautiful Affiliate Communities in Need

STAMFORD, Conn., Aug. 9, 2016/ PRNewswire-USNewswire/-- Keep America Beautiful, the national nonprofit that envisions a country in which every community is a clean, green and beautiful place to live, and Anheuser-Busch, today announced the recipients of the 2016 Keep America Beautiful/Anheuser-Busch Community Restoration Grants program.

Source: PR Newswire

UPDATE 2-Ambev profit misses, Brazil revenue outlook flat; shares fall

RIO DE JANEIRO, July 29- Ambev SA, a subsidiary of beverage company Anheuser Busch Inbev SA, missed quarterly profit estimates and gave up on expanding sales in Brazil this year, sending its shares to their lowest point in nearly seven months. The company is likely to struggle for the next two quarters as Brazil grapples with its worst recession in eight decades,...

Source: Reuters