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4-Traders Homepage  >  Equities  >  Euronext Bruxelles  >  Anheuser-Busch InBev    ABI   BE0974293251

ANHEUSER-BUSCH INBEV (ABI)
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Anheuser Busch InBev : AB InBev completes deal to sell interest in Coca-Cola Beverages Africa

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10/06/2017 | 03:04am CET

Anheuser-Busch InBev (AB InBev) said on Thursday it had completed a deal to sell its 54.5% in Coca-Cola Beverages Africa... The controlling stake was sold to Coca-Cola, the world's largest soft-drink maker, for $3.15bn.

AB InBev said the two parties were finalising the terms of the deal, in which Coca-Cola will acquire AB InBev's interest in, or the bottling operations of, its businesses in Zambia, Zimbabwe, Botswana, Swaziland, and Lesotho, as well as in El Salvador and Honduras.

AB InBev's share price was up 0.92% at R1,651 in early trade on the JSE, valuing the company at R2.8-trillion.

Source: BDpro

(c) All rights reserved. 2017. Bizcommunity.com Provided by SyndiGate Media Inc. (Syndigate.info)., source Middle East & North African Newspapers

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Financials ($)
Sales 2017 56 841 M
EBIT 2017 17 728 M
Net income 2017 7 634 M
Debt 2017 99 397 M
Yield 2017 3,53%
P/E ratio 2017 28,48
P/E ratio 2018 22,18
EV / Sales 2017 5,05x
EV / Sales 2018 4,85x
Capitalization 188 B
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Anheuser-Busch InBev Technical Analysis Chart | ABI | BE0974293251 | 4-Traders
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Mean consensus OUTPERFORM
Number of Analysts 30
Average target price 131 $
Spread / Average Target 18%
EPS Revisions
Managers
NameTitle
Carlos Alves de Brito Chief Executive Officer
Olivier Goudet Chairman
Luis Felipe Pedreira Dutra Leite Chief Financial & Technology Officer
Martin J. Barrington Non-Executive Director
William F. Gifford Non-Executive Director
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