Brewer AB InBev under fire over late payment to UK suppliers January 18, 2015 AB InBev, the brewing giant behind Budweiser, Stella Artois and Boddingtons, has been criticised by the government for imposing excessively long payment terms on its small UK suppliers. Brewpack, which supplies conveyor belt systems, told the BBC that it could no longer afford to take orders from AB InBev because it demanded payment terms of [...]
InBev buys back Korean brewery in $5.8bn deal January 20, 2014 ANHEUSER-Busch InBev, the world’s largest brewer, has agreed to buy back South Korea’s Oriental Brewery Company (OB) for $5.8bn (£3.53bn) from KKR & Co and Affinity Equity Partners in what is the biggest ever exit by a private equity firm in Asia. Yesterday’s deal more than triples the original $1.8bn investment by the firms that [...]