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Questions about AB InBev

Short answers, pulled from the story.

What is AB InBev and where is it headquartered?

AB InBev, formally Anheuser-Busch InBev SA/NV, is the largest brewer in the world, headquartered in Leuven, Belgium. It holds approximately 630 beer brands sold across 150 countries and has regional offices in Sao Paulo, London, St. Louis, Mexico City, Bremen, and Johannesburg, among others.

When was AB InBev formed and how?

AB InBev was formed in 2008 when Belgian-Brazilian brewing company InBev acquired the American company Anheuser-Busch for US$52 billion, paying US$70 per share. The deal was announced on the 13th of July 2008.

What beers does AB InBev own?

AB InBev's brand portfolio includes Budweiser, Bud Light, Corona, Stella Artois, Beck's, Leffe, Hoegaarden, Michelob Ultra, Modelo Especial, Jupiler, Cass, Quilmes, and Brahma, among hundreds of others. Some brands, including Peroni and Grolsch, were sold to Asahi in 2016 as part of regulatory conditions following the SABMiller acquisition.

How did AB InBev acquire SABMiller?

AB InBev acquired SABMiller for approximately 70 billion pounds (US$107 billion at closing) after a series of rejected offers, with the final accepted bid at 44 pounds per share. The deal closed on the 10th of October 2016 and required AB InBev to divest multiple brands and regional operations to satisfy antitrust regulators in the United States and Europe.

What controversy surrounded Bud Light in 2023?

In April 2023, Bud Light faced a boycott from American conservatives after partnering with transgender influencer and activist Dylan Mulvaney. HSBC downgraded AB InBev stock on the 10th of May 2023, citing a Beer Marketer's Insights note that indicated a drop in Bud Light sales of possibly more than 25% in April. Two marketing executives were placed on leave during the episode.

Who owns and controls AB InBev?

As of 2015, AB InBev is controlled by two main blocs: Belgian families Vandamme, de Mevius, and de Spoelberch, who together owned 28.6% of the company, and Brazilian investors Jorge Paulo Lemann, Carlos Alberto Sicupira, and Marcel Telles, who held 22.7% through their private investment firm 3G Capital.