AB InBev to Repurchase Minority Stake in U.S. Metal Container Plants for $3 Billion AB InBev has announced its plans to buy back a minority stake in its U.S. metal container plants for approximately $3 billion. The Bud Light maker…
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InBev
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Summary: AB InBev’s CEO, Michel Doukeris, credited the success of “mega brands” Michelob Ultra and Busch Light for driving sales growth in the U.S. amidst a decline in the overall beer category. Despite the positive performance of these brands in…
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Key Points: AB InBev’s Anheuser-Busch is closing a distribution facility in Medford, Massachusetts, resulting in the loss of 193 jobs. The plant closure will occur in the first two weeks of November, with operations moving to wholesaler Quality Beverage in…