Anheuser-Busch,the 150-year old the US brewer, on Fridaysaid yesterday it would cut costs and increase share buy-backs as it set out its arguments for rejecting a $46bn bid from global
InBev, its Belgium-based rival.
By Julie MacIntosh and Jonathan Birchall in New York
Published: June 28 2008 03:00 | Last updated: June 28 2008 03:00
Anheuser-Busch,the 150-year old the US brewer, on Fridaysaid yesterday it would cut costs and increase share buy-backs as it set out its arguments for rejecting a $46bn bid from global
InBev, its Belgium-based rival.