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Taxpayers must pay the freight for over-budget train projects
Topic - Inbev
InBev is a subsidiary of Anheuser-Busch InBev. The company existed independently for several years - since the merger between Interbrew and AmBev and until the acquisition of Anheuser-Busch. InBev has operations in over 30 countries and sales in over 130 countries. In 2006, it had a market capitalization of €30.6 billion and net profit of €3.2 billion on sales of €13.3 billion. - Source: Wikipedia
The Obama administration came out against the marriage of two beer giants in a fight against an increasingly consolidated industry.
ST. LOUIS (AP) — Shares of Anheuser-Busch touched a record high yesterday on reports that Europe's InBev SA was working on a $46 billion bid for the St. Louis brewer.