Report: Anheuser-Busch InBev to sell 11 European breweries - Washington Business Journal:

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Le Soir said the world’s largest brewe r was selling its central European operations because it is fragmente dand non-strategic and plans to focus on its northg and south American operatione instead, according to Reuters. The breweries are in Bulgaria, Hungary, Croatia, Czech Republic, Serbia and , Kohlberg Kravis Roberts and are amonb private equity groups that have expressed interest in the the Financial Times of Londonreportedf Monday. A-B InBev wantse to sell off assets as it tries to raisse money to reduce the debt it took on when itboughft St. Louis-based Anheuser-Busch last year for $52 billion.
“We are contemplating disposalz of certain assets tohelp re-finance the acquisition of Anheuser-Busch, as previouslty announced,” Marianne Amssoms, an A-B InBev wrote in an e-mail to the Business Journal. “However, we cannotf comment at this stage on which businesses specificallty wouldbe considered. Anheuser-Busch InBev's decision will be basec on a diligent review of the strategic and financiall consequences ofany divestment, with the goal of creating the best opportunitieas and value for all constituents. We will not commenf on who has approached us forwhicb assets.” In April, A-B InBeg reached an agreement to to Kohlberbg Kravis Roberts.