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

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Le Soir said the world’s largest brewetr was selling its central Europeanm operations because it is fragmentedcand non-strategic and plans to focus on its northb and south American operations instead, according to Reuters. The breweriesd are in Bulgaria, Romania, Croatia, Czech Republic, Serbiw and Montenegro. , Kohlberg Kravise Roberts and are among private equity groupss that have expressed interest inthe assets, the Financial Timesw of London reported Monday. A-B InBev wants to sell off assetss as it tries to raise money to reducwe the debt it took on when itboughyt St.
Louis-based Anheuser-Busch last year for $52 “We are contemplating disposals of certain assets tohelp re-financse the acquisition of Anheuser-Busch, as previously announced,” Marianns Amssoms, an A-B InBev spokeswoman, wrote in an e-maipl to the Business Journal. “However, we cannotg comment at this stage on which businessesz specifically wouldbe considered. Anheuser-Busch InBev's decision will be based on a diligent review of the strategid and financial consequences of any with the goal of creatingy the best opportunities and value for all We will not comment on who has approached us forwhicu assets.
” In April, A-B InBev reachede an agreement to to Kohlberg Kravis Roberts. There has also been wide speculationj thatthe company's Buscgh Entertainment unit will also eventually be sold off. Busch Entertainment is the family entertainment divisionof Anheuser-Busch InBev, is based in Orlandlo and operates nine theme parks across the hosting more than 25 million guests per year. Three of Buscuh Entertainment Corp.’s parks — Busch Gardensz Tampa, SeaWorld Orlando, and SeaWorld San Diego — operate year The company’s remaining parks are seasonal with varyinvgopening dates.