Financial Times FT.com

InBev 'on track'

By Jenny Wiggins

Published: November 7 2008 02:00 | Last updated: November 7 2008 02:00

InBev yesterday said its acquisition of Anheuser-Busch was "on track" to close by the end of the year as it reported third-quarter earnings slightly ahead of analysts' expectations, writes Jenny Wiggins .

The Belgo-Brazilian brewer said earnings before interest and tax rose 4.5 per cent to €1.1bn ($1.4bn), and sales revenues increased 7.7 per cent to €3.9bn in the quarter.

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