Anheuser-Busch InBev, the global beermaker home of Budweiser, posted weak third-quarter earnings Friday weighed down by sales in China. Shares fell as much as 11% in early trading on the news. The results show that AB InBev’s big bet on Asia earlier in the year has yet to produce material […]
Anheuser-Busch InBev, the owner of Budweiser and Bud Light, has raised $US5 billion in Hong Kong through an initial public offering of its Asia business unit. AB InBev priced 1.45 billion share at HK$27, or about $US3.44, giving the company a market value of about $US45.6 billion. The proceeds from […]
Anheuser-Busch InBev, the brewer of Budweiser and Bud Light, is selling is Australia business to Asahi Group Holdings. Asahi Group is paying $US11 billion for brands including Foster’s and Carlton and United Breweries in a move that will help the company expand internationally. The deal announcement comes after AB InBev […]
Anheuser-Busch InBev has cancelled its Asia IPO, expected to be the largest of 2019. Shares of the company fell on the news. The company said it would closely monitor conditions in Asia for its next move. Watch Anheuser-Busch InBev trade live on Markets Insider. Anheuser-Busch InBev, which produces Budweiser and […]
Carlos Brito is the CEO of the brewery group Anheuser-BuschInBev, which produces popular beers like Budweiser, Bud Light, Corona, and Stella Artois. AB InBev announced Tuesday that it is acquiring Kona Brewing Co. parent Craft Brew Alliance, according to the Wall Street Journal. Brito convinced former Brazil tennis star Jorge […]
Hello! Welcome to the Advertising and Media Insider newsletter, our weekly roundup of all the big stories we’ve been covering. It’s looking to be a quiet holiday week, so it’s a good time to get caught up on everything you might’ve missed. First, IBM’s spinoff of its marketing cloud business […]
Anheuser-Busch InBev is taking control of Babe Wine, the company famous for White Girl Rosé, Bloomberg reported on Friday. Babe Wine, formerly called Swish Beverages, was co-founded by the Instagram influencer Josh Ostrovsky, known widely by his handle ‘The Fat Jewish.’ By buying the brand, AB InBev is betting on […]
Anheuser-Busch’s US chief marketing officer Marcel Marcondes chatted with Business Insider at the Cannes Lions Festival of International Creativity last week. Marcondes, who was also named to Business Insider’s 25 most innovative CMOs list, said his focus is not only driving the company’s marketing, but also its innovation agenda. As […]
Natural Light is launching”Naturadays” – a strawberry lemonade-flavored beer. Anheuser-Busch, Natural Light’s parent company, is trying to win over millennials and Gen Zers with fruity brews as beer sales drop. “We’re trying to get people to rethink beer – especially people who maybe have dismissed beer and moved away,” Daniel […]
Anheuser-Busch is turning to more expensive, premium beers as Bud Light and Budweiser lose market share. Revenue of the beer giant’s premium segment, which includes brands such as Shock Top and Goose Island, grew 18.3% in 2018. “Consumers are revising their choices, and they want to have more premium propositions,” […]
Anheuser-Busch InBev launched 12 new no- and low-alcohol beers in 2018. Today, 8% of Bud Light and Budweiser’s parent company’s global beer sales by volume are from beers with lower or no alcohol, with plans to grow that figure to 20% by 2025. AB InBev CEO Carlos Brito said Thursday […]
Natural Light on Tuesday announced plans to award $US10 million to those with student-loan debt. In 2018, the beer brand donated $US1 million to 25 people to help them pay off their debt. The promotions by Natty Light could help draw attention to the $US1.5 trillion in student-loan debt across […]
Anheuser-Busch InBev, the world’s largest beer company, has a new parental leave policy for salaried employees globally. Primary caregivers, who may be of any gender, have a minimum of 16 weeks fully-paid leave, while secondary caregivers have two weeks of fully-paid leave. The policy gives new benefits to parents whose […]
Bud Light brought back its viral “Dilly Dilly” campaign in a weird crossover ad with Game of Thrones at the Super Bowl. The brand turned the phrase into a cultural phenomenon back in 2017. The company launched a series of ads created by the Wieden+Kennedy ad agency that went viral, […]
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