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Deals Rumor Mill: Pabst, Saudi Electricity, KKR

By Benjamin Horney (November 18, 2014, 7:58 PM EST) -- Despite a September news release that claimed otherwise, Russia's Oasis Beverages was not part of a group that purchased Pabst Brewing Co. for $700 million from billionaire food-industry investor C. Dean Metropoulos, according to a Tuesday report from the New York Times. According to the report, there was a mix up that resulted in the erroneous announcement. Apparently, Eugene Kashper, chairman of Oasis Beverages, formed a new company with TSG Consumer Partners LLC to buy Pabst separately from his affiliation with Oasis. The company that did scoop up Pabst is actually called Blue Ribbon Intermediate Holdings, the report said....

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