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Issue: 935 Date: 7/24/2008

St. Louis to be North American HQ for Anheuser-Busch InBev

        The board of directors of Anheuser-Busch Cos. on Sunday accepted a $52 billion takeover offer from Belgium's InBev. The combined company will be called Anheuser-Busch InBev. A-B CEO August A. Busch IV and one other current or former member of the Anheuser-Busch board will serve on the new board. St. Louis will be the North American headquarters of the combined companies. Anheuser-Busch has about 6,000 local employees and a Missouri payroll of about $518 million. The combination will give the new company a platform to build the Budweiser brand outside the U.S. The U.S. beer market - of which Anheuser-Busch controlled 51 percent at the end of March - is growing slowly but still represents the world's biggest pool of profits for brewers.



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