AB InBev considering Rolling Rock sale: report

Sun Apr 12, 2009 10:32pm BST
 
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NEW YORK (Reuters) - Anheuser-Busch InBev INTB.BR, the world's largest brewer, is considering selling its Rolling Rock brand, The Wall Street Journal reported on Sunday, citing people familiar with the matter.

InBev sold Anheuser-Busch the iconic Rolling Rock brand for $82 million in May 2006 and reacquired it when it bought Anheuser-Busch for about $52 billion last year.

The Journal, citing one person familiar with the matter, said AB InBev looked at bids for the brand earlier this year using investment bank Lazard Ltd. (LAZ.N), but wasn't satisfied with the offers.

The paper said the brewer remains interested in selling Rolling Rock.

AB InBev spokeswoman Marianne Amssoms declined to comment

(Reporting by Michael Erman; Editing by Leslie Adler)

 

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