AB InBev Offers $5.8B For Korean Brewer It Sold For $1.8B

Law360, New York (January 21, 2014, 2:29 PM EST) -- Anheuser-Busch InBev SA said Monday it would fork over $5.8 billion to buy back Oriental Brewery Co., a South Korean outfit that swelled into the country's biggest beermaker during the four years it spent under private equity ownership.

The consideration marks a substantial premium over the $1.8 billion price tag AB InBev attached to Oriental Brewery when it unloaded the unit in a 2009 sale to KKR & Co. LP and Affinity Equity Partners Ltd. The deal coincided with a push to cut debt after InBev...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.