- The Washington Times - Monday, July 14, 2008

BRUSSELS, Belgium (AP) – Belgian brewer InBev has announced it will buy Anheuser-Busch for $52 billion.

The acquisition means control over America’s largest brewer – and the No. 2 worldwide – moves overseas.

Anheuser-Busch, based in St. Louis, is the largest brewer in the United States with more than 48 percent of the American market share.

InBev confirmed the details of the purchase of Anheuser-Busch 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.

The deal must be approved by shareholders and European and US antitrust regulators. The merger will produce the world’s largest brewer and the fourth-largest consumer product company worldwide.

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