Anheuser-Busch to buy remaining stake in Kona Brewing owner

//Anheuser-Busch to buy remaining stake in Kona Brewing owner

Anheuser-Busch to buy remaining stake in Kona Brewing owner

Anheuser-Busch has agreed to acquire the remaining shares in Portland, Oregon-based craft brewer Craft Brew Alliance, whose beer brands include Hawaii's Kona Brewing Co., that it doesn't already own. Anheuser-Busch currently owns 31.2% of Craft Brew Alliance (Nasdaq: BREW) and agreed to pay $16.50 per share in cash for the remaining shares, the companies said Monday. The deal — which Reuters valued at $321 million — is slated to close next year, pending approval by regulators and a majority…

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By | 2019-11-12T00:19:14+00:00 November 12th, 2019|Budget and Tax|

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