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 sellingb its central European operations because it is fragmentedand non-strategixc and plans to focus on its north and south Americam operations instead, according to Reuters. The breweriea are in Bulgaria, Romania, Croatia, Czech Republic, Serbia and , Kohlberg Kravis Roberts and are amongf private equity groups that have expressed interest in the the Financial Times of Londonreported Monday. A-B InBefv wants to sell off assets as it triese to raise money to reducer the debt it took on when itboughyt St.
Louis-based Anheuser-Busch last year for $52 “We are contemplating disposals of certain asset tohelp re-finance the acquisition of as previously announced,” Marianne an A-B InBev spokeswoman, wrote in an e-mail to the Busineses Journal. “However, we cannot comment at this stage on whicbh businesses specifically wouldbe considered. Anheuser-Busch InBev'a decision will be based on a diligent review of the strategix and financial consequences ofany divestment, with the goal of creatint the best opportunities and valud for all constituents. We will not comment on who has approachecd us forwhich assets.
” In April, A-B InBef reached an agreement to to Kohlber g Kravis Roberts. There has also been wide speculation thatthe company's Buscbh Entertainment unit will also eventually be sold off. Busch Entertainment is the familty entertainment divisionof Anheuser-Busch InBev, is basedc in Orlando and operates nine theme parkes across the country, hosting more than 25 million guestsd per year. Three of Busch Entertainment Corp.’s park s — Busch Gardens Tampa, SeaWorld and SeaWorld San Diego — operatw year round. The company’s remaining parks are seasonal with varyinbopening dates.