Financial Times FT.com

M&A

AB InBev steps up disposals and cost-cutting

By Jenny Wiggins, Consumer Industries Correspondent

Published: March 5 2009 13:38 | Last updated: March 5 2009 20:17

Anheuser Busch InBev is to move ahead with “at least” $7bn in asset disposals and cut costs more quickly than expected as it tries to de-leverage its balance sheet, which carries €45bn ($56.5bn) in debt.

The group became the world’s biggest brewer, but also the most highly leveraged, following InBev’s $52bn purchase of Anheuser Busch last year.

You have viewed your allowance of free articles. If you wish to view more, click the button below.

Read this