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The King Of Beers Now Bows To The Belgian Flag  
User currently offlineSTLGph From United States of America, joined Oct 2004, 9328 posts, RR: 25
Posted (6 years 1 month 1 week 3 days 15 hours ago) and read 3772 times:

Mother of christ.

http://www.usatoday.com/money/indust...8-07-13-anheuser-busch-inbev_N.htm


Eternal darkness we all should dread. It's hard to party when you're dead.
109 replies: All unread, showing first 25:
 
User currently offlineSWISSER From , joined Dec 1969, posts, RR:
Reply 1, posted (6 years 1 month 1 week 3 days 14 hours ago) and read 3760 times:

Whats all this patriotism about a beer?
This is just business...


User currently offlineAsturias From Spain, joined Apr 2006, 2148 posts, RR: 16
Reply 2, posted (6 years 1 month 1 week 3 days 14 hours ago) and read 3758 times:



Quoting SWISSER (Reply 1):
Whats all this patriotism about a beer?
This is just business...

Agreed. I don't even know who owns my favorite brewery, but I still like the beer. I really don't care as long as the beer is good Big grin

asturias



Tonight we fly
User currently offlineFalcon84 From , joined Dec 1969, posts, RR:
Reply 3, posted (6 years 1 month 1 week 3 days 14 hours ago) and read 3753 times:



Quoting SWISSER (Reply 1):
Whats all this patriotism about a beer?
This is just business...

It's about another slice of Aemrica being sold to foreign interests. We sell everything, it seems, to overseas interest.

This is just another disgusting example of it.


User currently offlineSTLGph From United States of America, joined Oct 2004, 9328 posts, RR: 25
Reply 4, posted (6 years 1 month 1 week 3 days 14 hours ago) and read 3746 times:



Quoting SWISSER (Reply 1):

you've obviously haven't been raised here, growing up with the commercials, the 'tradition,' the sporting events, etc. etc.

nor have you lived in Saint Louis.


as for Miller Brewing Company & Coors Brewing ... i bet they see their sales jump over this.



Eternal darkness we all should dread. It's hard to party when you're dead.
User currently offlineKent350787 From Australia, joined May 2008, 964 posts, RR: 0
Reply 5, posted (6 years 1 month 1 week 3 days 14 hours ago) and read 3746 times:



Quoting Falcon84 (Reply 3):
It's about another slice of Aemrica being sold to foreign interests. We sell everything, it seems, to overseas interest.

As a sign of the decline of American economic dominance. It's a global economy these days....

At least InBev manufactures drinkable beers  Wow!

Kent


User currently offlineFalcon84 From , joined Dec 1969, posts, RR:
Reply 6, posted (6 years 1 month 1 week 3 days 14 hours ago) and read 3740 times:



Quoting Kent350787 (Reply 5):
As a sign of the decline of American economic dominance. It's a global economy these days....

I don't give a damn. To sell somethinig as American as Budweister to a foreign company is practically a sacrilidge. Global economy or not, some things should remain at home.

Budweister is one.

Like STLGph said, you're not from here, so you can't understand that.


User currently offlineMSYtristar From United States of America, joined Aug 2005, 6552 posts, RR: 51
Reply 7, posted (6 years 1 month 1 week 3 days 14 hours ago) and read 3720 times:

I never thought they'd go through with it. But in the end, I guess, money talks.

So very, very sad to see another American institution sell out.


User currently offlineSTLGph From United States of America, joined Oct 2004, 9328 posts, RR: 25
Reply 8, posted (6 years 1 month 1 week 3 days 14 hours ago) and read 3720 times:



Quoting Falcon84 (Reply 6):

and you didn't live in St. Louis, either  Smile

but yes, it's just a nice board of directors taking the money and running.

AB isn't in any dire financial desperation.



Eternal darkness we all should dread. It's hard to party when you're dead.
User currently offlineLuv2fly From United States of America, joined May 2003, 12090 posts, RR: 49
Reply 9, posted (6 years 1 month 1 week 3 days 14 hours ago) and read 3714 times:

Well it can only improve the product thats for sure. They might be an American Company yet they still produce a swill beer.


You can cut the irony with a knife
User currently offlinePA110 From United States of America, joined Dec 2003, 1999 posts, RR: 23
Reply 10, posted (6 years 1 month 1 week 3 days 14 hours ago) and read 3703 times:
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Quoting Falcon84 (Reply 6):
To sell somethinig as American as Budweister to a foreign company is practically a sacrilidge.

Yeah, but maybe the beer will get better.  Big grin



It's been swell, but the swelling has gone down.
User currently offlineGuitrThree From United States of America, joined Oct 2004, 2045 posts, RR: 8
Reply 11, posted (6 years 1 month 1 week 3 days 14 hours ago) and read 3695 times:



Quoting STLGph (Reply 4):
as for Miller Brewing Company & Coors Brewing ... i bet they see their sales jump over this.

Really? Coors is owned by Canadian Molsen, and Miller is owned by South African SAB. So, I'm not sure it matters anymore.



As Seen On FlightRadar24! Radar ==> F-KBNA5
User currently offlineTb727 From United States of America, joined Jun 2005, 1586 posts, RR: 9
Reply 12, posted (6 years 1 month 1 week 3 days 14 hours ago) and read 3692 times:



Quoting PA110 (Reply 10):
Yeah, but maybe the beer will get better.

You guys are getting pretty upset, it's just the crappiest beer in America.



Too lazy to work, too scared to steal!
User currently offlineN328KF From United States of America, joined May 2004, 6484 posts, RR: 3
Reply 13, posted (6 years 1 month 1 week 3 days 14 hours ago) and read 3682 times:

Quoting GuitrThree (Reply 11):
Really? Coors is owned by Canadian Molsen, and Miller is owned by South African SAB. So, I'm not sure it matters anymore.

Your info is out of date. As of about a month ago, both Miller and Coors are the same company, which is a 50/50 joint venture between SABMiller Plc. (a UK company) and MolsonCoors (a US/Canadian company.)

It's a global economy. It really doesn't matter to me, I guess, because I tend to drink European or US craft beers anyhow.

For what it's worth, InBev is Belgian and Brazilian in nature. Lots of Brazilians running the show there. Anheuser gets to nominate some board members.

[Edited 2008-07-13 19:12:37]


When they call the roll in the Senate, the Senators do not know whether to answer 'Present' or 'Not guilty.' T.Roosevelt
User currently offlinePA110 From United States of America, joined Dec 2003, 1999 posts, RR: 23
Reply 14, posted (6 years 1 month 1 week 3 days 14 hours ago) and read 3673 times:
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As long as the beer gets better, I don't care who owns it.

I don't drink Bud unless it is the absolutely ONLY option. I much prefer Fat Tire.



It's been swell, but the swelling has gone down.
User currently offlineLuv2fly From United States of America, joined May 2003, 12090 posts, RR: 49
Reply 15, posted (6 years 1 month 1 week 3 days 13 hours ago) and read 3665 times:



Quoting PA110 (Reply 14):
As long as the beer gets better, I don't care who owns it.

I don't drink Bud unless it is the absolutely ONLY option. I much prefer Fat Tire.

I love Fat Tire! And bud well lets just say I would rather go thirsty then drink Bud.



You can cut the irony with a knife
User currently offlineBlackbird From , joined Dec 1969, posts, RR:
Reply 16, posted (6 years 1 month 1 week 3 days 13 hours ago) and read 3658 times:

We need more market-protections. Free market is fine to a point, but we have to be practical -- we can't just let bigger and bigger slices of America sold to foreign interests.


Andrea Kent


User currently offlineMike89406 From United States of America, joined Mar 2007, 1464 posts, RR: 3
Reply 17, posted (6 years 1 month 1 week 3 days 13 hours ago) and read 3656 times:



Quoting Tb727 (Reply 12):
Quoting PA110 (Reply 10):
Yeah, but maybe the beer will get better.

You guys are getting pretty upset, it's just the crappiest beer in America.



Quoting PA110 (Reply 14):
As long as the beer gets better, I don't care who owns it.

I don't drink Bud unless it is the absolutely ONLY option.

I have to agree here.


User currently offlinePPVRA From Brazil, joined Nov 2004, 8957 posts, RR: 40
Reply 18, posted (6 years 1 month 1 week 3 days 13 hours ago) and read 3644 times:

If it wasn't for the weak dollar, this deal wouldn't have likely happened, and we'd still have two competing companies. I think it's a lesson of how inflationary monetary policy can lead to buy-outs and concentration of capital, diminishing competition.

Not saying this deal is necessarily a bad thing, though.



"If goods do not cross borders, soldiers will" - Frederic Bastiat
User currently offlineFalcon84 From , joined Dec 1969, posts, RR:
Reply 19, posted (6 years 1 month 1 week 3 days 13 hours ago) and read 3635 times:



Quoting STLGph (Reply 8):
and you didn't live in St. Louis, either

Lived there for 4 months in 1987.  box 


User currently offlineLTBEWR From United States of America, joined Jan 2004, 13073 posts, RR: 12
Reply 20, posted (6 years 1 month 1 week 3 days 13 hours ago) and read 3627 times:

This won't be the last of big foreign purchase of American based companies. There have been many in the past but this going after one of the biggest advertisers in the USA and the profits are leaving our country with a loss of some tax income.
The current value of the dollar is absolutely horrible. You have many foreign companies that are looking for ways to make money in the long run and see many advantages investing in the USA vs. their homelands due to very high cost labor laws, high income taxes on executives and declining markets at home.
For A-B, the market for beer has leveled off or declined due to variety of social changes as to alcohol consumption, increasing health questions as to alcohol use, more people of faiths or cultures that don't drink alcohol including many newer immigrants.


User currently offlineEWRCabincrew From United States of America, joined May 2006, 5523 posts, RR: 56
Reply 21, posted (6 years 1 month 1 week 3 days 13 hours ago) and read 3602 times:



Quoting Falcon84 (Reply 3):
It's about another slice of Aemrica being sold to foreign interests. We sell everything, it seems, to overseas interest.

This is just another disgusting example of it.

When you are the world's bargain basement (thanks to the economy), dollars (or in this case, euros) talk.

Granted this may be a blow to the nations ego (what if this was turned around and A-B bought Stella?), maybe we look to domestic micro-breweries and ensure their survival, instead.



You can't cure stupid
User currently offlineMham001 From United States of America, joined Feb 2005, 3605 posts, RR: 3
Reply 22, posted (6 years 1 month 1 week 3 days 11 hours ago) and read 3552 times:

It all comes around again. Not much different than when the Japanese were taking over in the 80s and then lost their a**. Remember Pebble Beach?

User currently offlineZootrix From United States of America, joined Nov 2005, 86 posts, RR: 0
Reply 23, posted (6 years 1 month 1 week 3 days 11 hours ago) and read 3549 times:



Quoting PA110 (Reply 10):
Yeah, but maybe the beer will get better.

Fully agree! Bud seems like diluted ditchwater anway. Hope InBev gives it some jolt and character.

Quoting SWISSER (Reply 1):
Whats all this patriotism about a beer?
This is just business...

Agree here too. Business as usual.


User currently offlineCharles79 From Puerto Rico, joined Mar 2007, 1331 posts, RR: 6
Reply 24, posted (6 years 1 month 1 week 3 days 11 hours ago) and read 3530 times:



Quoting SWISSER (Reply 1):
Whats all this patriotism about a beer?
This is just business...

I know, they're reacting as if the US Constitution was sold! It's no different than what happened in the car industry when Ford bought Aston Martin, Jaguar, Volvo and Mazda, GM bought Saab and Opel, BMW bought Rolls-Royce, VW is the proud owner of Bentley and Lamborghini, etc. Companies don't define a country, the country's people do. To get so bent out of shape over a private company who's sole interest is to make money is simply ridiculous.

And as others have already said, with the weak dollar vs strong euro/pound, do expect more takeovers.


25 DocLightning : Well you can stick your pride to the sticking post. This is what is happening to the United States. Bit by bit. By bit. And if you would like to know
26 Mir : I'd agree, except that in this case there is a decent chance that under Belgian control, Budweiser will become LESS disgusting. -Mir
27 OzGlobal : For decades, American firms bought our national icons in Australia and we were told to lighten up and get with the capitalist programme. Now the shoe
28 Gkirk : Happens everywhere, you just need to get used to it. Oh, and another thing, Budweiser - The King of Beers? Aye right
29 STLGph : it's old news, so it won't matter to most people. plus people with good ole ties to Bud/Bud Light will buy Miller Lite instead, out of spite. my comr
30 Post contains links Slz396 : Well, if you think Bud is the king of beers, just wait a few months/years. I am sure Leuven-based InBev, who has been brewing beer since 1366 (!), wil
31 STLGph : AB has over 48% of the U.S. beer market, but buying AB doesn't guarantee they'll be able to shove InBev products down everyone's throats here.
32 StealthZ : Not sure that is a sentiment that should be dignified with a response but what the hell! The USA and her citizens have spent many decades(couple of c
33 Scorpio : It's called the global economy. You know, that free economy you Americans have been advocating for decades? That economy. And it's not like this is a
34 OzarkD9S : Well I live in St Louis and couldn't care less. I told several people at work a couple of weeks ago that the stockholders were just posturing for mone
35 NIKV69 : For once I agree with you. I just watched the story on the new this morning and I am disappointed greatly that one of the biggest American symbols ha
36 STLGph : In Overland, that might get a few laughs. but in SoCo, where a great deal of the workforce lives ... probably not so much.
37 STLGph : but, you should. there's almost nothing substantial about the Saint Louis economy anymore.
38 Post contains links L410Turbolet : In other news: Harley-Davidson Inc said it is acquiring the privately-owned Italian motorbike company MV Agusta for 70 million euros, including 45 mi
39 Iflyatldl : Or lack there-of. Either way, it's gonna give "Hey Stella!" a whole new meaning..... But, that's todays market and with the dollar going south, it's
40 N328KF : As I mentioned in another thread, Anheuser-Busch happens to be the distributor for many of the InBev brands that are already sold here.
41 STLGph : and?
42 N328KF : And...so therefore InBev is essentially buying a distributor. Also, The Wall Street Journal has said that InBev will probably cut Anheuser-Busch's ad
43 STLGph : it's not going to guarantee them any more space in anyone's cooler or space on anyone's taps.
44 N328KF : No, but it increases their margins by taking a middleman out of the picture. It also ensures that they get those profits from Anheuser's own brands.
45 Bwest : Quality wise, though inbev controls large parts of the Belgian market, I don't really like their beers. They have Jupiler, Stella Artois, Kriek Belle-
46 STLGph : the way the distribution system works, there will always be a middle man. i'm quite aware of the details of the deal. i'm also quite aware as to how
47 PC12Fan : In St. Louis, yes. Other than that, there will probably by a minor dip, then business as usual. I'm sure the Clydesdale's are shedding some tears. Ni
48 STLGph : OOOH ballz, i forgot about that. Phyllis Schlafly will soon have even more money that she won't know what do with. it won't be business as usual when
49 Sabena332 : I was also a bit upset when they bought Beck's a while ago. In the past there was a "Brauerei Beck & Co. Bremen, Germany" writing on the lable on the
50 N328KF : Are you referring to places that only serve Becks? In Belgium, is it the same way as it is in the UK where you have 'free houses' and 'tied houses'?
51 Post contains links KFLLCFII : I can see the Youtube video now, reminiscent of the Budweiser 9/11 tribute, instead showing the Clydesdales taking a bow to the Anheuser-Busch logo.
52 Sabena332 : Yes, here in Germany are approx. 90% of all bars, discos and restaurants tied houses. It is annoying sometimes, especially when you are in a bar that
53 Garnetpalmetto : Indeed - when I was in Prague I was rather astonished to find out that both Staropramen and Pilsner Urquell aren't independent breweries anymore but
54 STLGph : and with that in mind, it's amazing the life that micro-brews have taken in the past few years.
55 EISHN : What does American beer, and sex in a canoe have in common? They're both fucking close to water! Hopefully the Europeans will bring a bit of life into
56 STLGph : not really possible with given liquor laws.
57 StuckInCA : Why? How will this affect typical Americans? Are we losing a strategic asset? Almost. I've got to say that Miller is even worse, but they're both rem
58 Post contains images N328KF : You're just saying this because they have high visibility... I guarantee there are far worse beers out there...Meisterbrau, Old Milwaukee, etc... And
59 FXramper : Agreed, 100%.
60 EWRCabincrew : It is all about business. Money talks. Every time. We live in a world where money is king. Everything has a price. If it so important to people that
61 StuckInCA : Why?
62 Dougloid : Who frackin' cares? I don't care, because I don't drink.
63 STLGph : that's weird. i didn't say that .. ?
64 STLGph : liquor laws are among the most strict and most enforced, watched, policed, etc., in the entire country. it's done at in-house, in-distributor, in-man
65 Scorpio : Liquor laws prevent breweries from making their beers taste better?
66 PSA53 : "How That Music Used To Make Me Smile" "So,Bye,Bye Miss American Pie" Sign, Don Mclean
67 MillwallSean : They wont change a thing with Bud, its a watered down lager with a world renome. Most people know about it even if they dislike it they still know ab
68 Greggarious : Absolutely! Yuengling is hella awesome!
69 STLGph : except as i pointed out above, it's not a matter of InBev using A/B to bring more InBev to the states. it's a matter of InBev using InBev to bring mo
70 Post contains links CasInterest : For those interested in only buying American, here is now the list fo the 3 largest US-Owned Breweries. Sam Adams, Yuengling, Sierra Nevada
71 WildcatYXU : There is no such thing as Sam Adams brewery.
72 StuckInCA : I really don't think Inbev will plan to tweak anything with Budweiser, but I'm confused as to how you link regulation and liquor laws with inability
73 Vatveng : A-B is not just a beer company. They've got several subsidiaries including agriculture, railroad maintenance, real estate and resorts, and is the seco
74 Blackbird : StealthZ, I didn't say that I necessarily supported those views to the best of my knowledge. Keep in mind, I was born in the early eighties. I think a
75 PSA53 : I agree in every point of your statement.If Eastern or Pan Am went foriegn to keep them alive,I approve of the sale 100%.
76 CasInterest : Ok you got me The Bostom Brewing Company that brews Samuel Adams brand beer.
77 OzarkD9S : That's not the reason I don't care, it's just there's nothing I can do about the sale, so why get worked up over it? Quite a few of my friends have b
78 Tugger : Well most "Bud" drinkers do so becasue they like a nice, light, refreshing beer that they can drink a lot of without getting sh!tfa¢ed (drunk maybe
79 Scorpio : Like I've said before: it's called business, and Americans have been doing it to foreign companies for decades. Now the shoe's on the other foot. Dea
80 Sabena332 : They can try but I am pretty sure that it will definitely not work here in Germany. Personally I know nobody who would order a Budweiser (or any othe
81 OzarkD9S : True. And we've invaded countries over it as well. Maybe Belgium has too, but if so, not recently!
82 PC12Fan : Touche'. Maybe we'll hear: Get your ice cold Sam Adams here! or Tires here! Get your Fat Tire here! Hey, since when were dreams logical anyways?
83 Gosimeon : Yeah I love Bud and I like the whole "Yank n' Proud" attitude it portrays. It's a great beer. I hope nothing changes with it now. I think this change
84 PSA53 : Call it silly signatures of national imprint of business,like A-B and especially sports teams moving to other cities, I guess loyalty is fleeting and
85 MD11Engineer : Not correct: The breweries often offer people, who want to open a pub or a bar cheap loans for setting it up. At the same time the new pub owners hav
86 CX747 : Many of the posters are right in saying that it's only a beer company and not the constitution. The fact of the matter is, it is the US of A's beer co
87 Post contains images Tugger : Also reminds me of Glazer and Manchester U: (from the Wikipedia article on ManU) In 2003 Glazer bought into Man U and Many people hate it when a natio
88 Sabena332 : Yes, it is basically the same what I wrote in my earlier reply, you are "abhängig" from one supplier (i.e. beer brand) when you want to open a bar/d
89 STLGph : ahhahaha exactly. eh, i just woke up from a nap, but i'm thinking those comments were really directed at someone else and you just chimed in and i we
90 MillwallSean : I went to two games and both only served Bud. I was really pissed off with this and asked for anything but water. The staff didn't understand what I
91 Sabena332 : Glad that you've been to the town next to my hometown. I hope you tired proper beers like Dortmunder Kronen and "Dortmunder Union. Dortmund is a so c
92 LTU932 : Don't forget a problem Budweiser has in Germany and in the Czech Republic: It can't even advertise as Budweiser, because of Budweiser Budvar. Budweis
93 Dougloid : Answer: $$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$
94 LTU932 : Maybe, but the thing is that Budweiser has been a sponsor of the World Cup since Italy 1990. Back in the day, sponsoring wasn't as hyped up as it bec
95 KLMCedric : The family behind Interbrew, and now consequently majority stockholders of InBev, even way before this takeover, became by far the richest people in B
96 N328KF : They don't have $50 billion...somebody's gotta pay for the company they just agreed to buy. Where are they getting the cash?
97 KLMCedric : Read the article linked in the threadstarter, there's an explanation.
98 N328KF : Ah, right. What was it Henry Kravis said? "Debt tightens a company." $45 billion in debt would probably tighten one's sphincter, too...
99 STLGph : ! i love the part of "we'll just borrow 45 billion to do the sale." phone operators are standing by at IndyMac.
100 Dougloid : Countrywide, Fannie Mae, Freddy Mac and Bear Stearns are all standing by as well. Interesting. Do you think that Sludgeweiser is going to sell better
101 STLGph : true in more ways than one. AB/InBev needs financial support and these institutions need good strong customers.
102 Dougloid : That's verrrrrrrrrrry intereschting, my news hound friend. Are you saying that what we're looking at is a leveraged buyout? Because you know what hap
103 N328KF : To the best of my ability to determine, InBev's market capitalization is only about half that of Anheuser's...so $23bil to $45bil... This would make
104 Dougloid : Sounds like a mouse crawling up an elephant's back with rape on his mind. But yeah....first thing the bankers are going to want to know is "How are y
105 MillwallSean : In general any company of InBevs size and with its cashflows dont find it difficult to arrange funding. In this case the loan was overfunded. However
106 N328KF : FYI, RBS has a major presence here in the US. They're everywhere. DB is pretty big here, too, though not in an obvious way.
107 STLGph : on the salary level, yes. AB/InBev can't bring in the revenues if no one is there to make it, hence the hourly workers. i have a little saying-- alth
108 MillwallSean : I am sure they are big, they are worldwide banks, but they dont generate even 15% of their business in the US and thats why they are not as affected
109 Dougloid : That's what you call blue collar royalty, that is. It sounds a lot like the late lamented Maytag plant in Newton, doesn't it? The only people who did
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