Anheuser-Busch InBev is in talks to buy BeatBox, the maker of fruity and highly alcoholic punch and tea drinks, for around $700M, according to The Wall Street Journal’s Laura Cooper, Ben Dummett and Lauren Thomas, citing people familiar with the matter. A deal could come together soon, assuming the talks don’t fall apart, the sources said.
Claim 70% Off TipRanks This Holiday Season
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on BUD:
- AB InBev price target lowered to EUR 68 from EUR 70 at Morgan Stanley
- Anheuser-Busch InBev’s Earnings Call Highlights Growth Amid Challenges
- AB InBev price target raised to EUR 64 from EUR 63 at Deutsche Bank
- Anheuser Busch InBev SA/NV: Hold Rating Amid Modest Growth and Market Challenges
- AB InBev Reports Steady Growth Amid Strategic Initiatives