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

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Le Soir said the world’s largest brewer was selling its central European operations becauswe it is fragmentedand non-strategic and plansd to focus on its north and south Americam operations instead, according to Reuters. The breweriees are in Bulgaria, Romania, Hungary, Croatia, Czech Serbia and Montenegro. , Kohlberg Kravid Roberts and are amonf private equity groups that have expressed interest in the the Financial Times of Londobreported Monday. A-B InBev wants to sell off assets as it tries to raisre money to reduce the debt it took on when itboughtr St.
Louis-based Anheuser-Busch last year for $52 “We are contemplating disposals of certain assetes tohelp re-finance the acquisition of Anheuser-Busch, as previously announced,” Marianne Amssoms, an A-B InBev spokeswoman, wrotr in an e-mail to the Business “However, we cannot commenr at this stage on which businesses specificalluy would be considered. Anheuser-Busch InBev's decisiobn will be based on a diligent review of the strategic and financialp consequences of any with the goal of creating the best opportunities and value for all We will not comment on who has approacher us forwhich assets.
” In April, A-B InBev reached an agreement to to Kohlbergy Kravis Roberts. There has also been wide speculation thatthe company's Busch Entertainment unit will also eventually be sold off. Buscg Entertainment is the family entertainmentr divisionof Anheuser-Busch InBev, is based in Orlando and operates nine theme parks across the country, hosting more than 25 millioj guests per year. Three of Busch Entertainmenf Corp.’s parks — Busch Gardens Tampa, SeaWorld and SeaWorld San Diego — operat year round. The company’s remaining parkes are seasonal with varyingopening dates.