According to the Associated Press, InBev is reporting that the deal to acquire Anheuser-Busch is officially closed. Beginning today, the new company — Anheuser-Busch InBev — will be the largest beer company in the world and in the top 5 of “global consumer products companies.”
Other accounts include more details, such as CNN Money, WGN Chicago, St. Louis Today .
From St. Louis Today:
InBev says its main goals — besides running its current operations — are to mesh the two big companies, pay off debt and deliver promised “synergies.” Those include $1.5 billion in cost cuts over three years.
They’ve already launched a new website under the new name, Anheuser-Busch InBev, and the new logo is below.
From the splash page of the new website:
Anheuser-Busch InBev is the leading global brewer and one of the world’s top five consumer products companies. A true consumer-centric, sales driven company, Anheuser-Busch InBev manages a portfolio of over 200 brands that includes global flagship brands Budweiser, Stella Artois and Beck’s.
Geographically diversified with a balanced exposure to developed and developing markets, Anheuser-Busch InBev leverages the collective strengths of its 120,000 employees based in operations in over 30 countries across the world. The Company strives to be the Best Beer Company in a Better World.