{"id":6580,"date":"2008-10-14T11:01:16","date_gmt":"2008-10-14T18:01:16","guid":{"rendered":"http:\/\/www.siouxcityjournal.com\/blogs\/brew\/?p=799"},"modified":"2008-10-14T11:01:16","modified_gmt":"2008-10-14T18:01:16","slug":"sioux-brew-inbev-postpones-new-share-issue-until-markets-calm","status":"publish","type":"post","link":"https:\/\/www.browbrew.com\/?p=6580","title":{"rendered":"Sioux Brew: InBev postpones new share issue until markets calm"},"content":{"rendered":"\n<p>\nDate: 10\/14\/2008 01:38 PM<\/p>\n<p>BRUSSELS, Belgium (AP) &#8211; Brewer InBev SA said Tuesday it was postponing a $9.8 billion share issue until financial markets stabilize.<\/p>\n<p>It had planned to use the money raised from selling new shares to fund its $52 billion takeover of Anheuser Busch Cos. &#8211; a deal that will create the world&#8217;s largest brewer and bring beers Budweiser and Stella Artois under one roof.<\/p>\n<p>But it said &#8220;unprecedented volatility in global capital markets&#8221; meant it could not press ahead with plans to issue new shares in October. It set no new date, saying it would continue to watch market conditions.<\/p>\n<p>InBev said there was no change to its target to complete the deal by the end of 2008, once it gets approval from regulators and Anheuser-Busch shareholders on Nov. 12.<\/p>\n<p> <a href=\"http:\/\/www.siouxcityjournal.com\/blogs\/brew\/?p=799#more-799\">(more&#8230;)<\/a><\/p>\n<p><a href=\"http:\/\/www.technorati.com\/cosmos\/search.html?sub=postcosm&amp;url=http%3A%2F%2Fwww.siouxcityjournal.com%2Fblogs%2Fbrew%2F%3Fp%3D799\" title=\"other blogs commenting on this post\"><img decoding=\"async\" src=\"http:\/\/static.technorati.com\/images\/bubble.gif\" alt=\"Technorati talk bubble\" \/><\/a> <\/p>\n","protected":false},"excerpt":{"rendered":"<p>\nDate: 10\/14\/2008 01:38 PM<br \/>\nBRUSSELS, Belgium (AP) &#8211; Brewer InBev SA said Tuesday it was postponing a $9.8 billion share issue until financial markets stabilize.<br \/>\nIt had planned to use the money raised from selling new shares to fund its $52 billion tak&#8230;<\/p>\n","protected":false},"author":48,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-6580","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/www.browbrew.com\/index.php?rest_route=\/wp\/v2\/posts\/6580","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.browbrew.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.browbrew.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.browbrew.com\/index.php?rest_route=\/wp\/v2\/users\/48"}],"replies":[{"embeddable":true,"href":"https:\/\/www.browbrew.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=6580"}],"version-history":[{"count":0,"href":"https:\/\/www.browbrew.com\/index.php?rest_route=\/wp\/v2\/posts\/6580\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.browbrew.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=6580"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.browbrew.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=6580"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.browbrew.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=6580"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}