By Annette Shailer

Anheuser-Busch may be about to reject the $48 billion takeover offer from InBev and instead move to reduce costs and sell off divisions.

The Budweiser beer maker is expected to snub InBev’s offer believing it is inadequate, in favour of a restructuring plan, The Wall Street Journal reported.

The St Louis-based US Brewer’s plan would include the sale of its theme park operations and packaging unit, lay-offs and more than $500m in cost-cutting efforts, according to the New York Times.

On Wednesday Belgium-based InBev further urged Anheuser-Busch to consider the $US65 a share takeover, saying it had arranged financing.   

The Shout Team

The leading online news service for Australia's beer, wine, spirits and hospitality industries.

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