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Text size [+][-]  Tuesday March 16 2010GLOBAL EDITION

Considered view
16 Jun 2008 20:45

Sage counsel

Context News

Warren Buffett is to meet this week with August Busch IV, the chief executive of Budweiser brewer Anheuser-Busch, according to press reports over the weekend, to discuss a $65-a-share offer for Anheuser from Belgian brewer Inbev.

Buffett’s investment firm, Berkshire Hathaway, holds a 5% stake in Anheuser, bought on the market in early 2005 for about $1.7bn. The stake was still worth that much on March 31, the time of the last regulatory filing, equivalent to $47 a share.



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It’s hard to see why the billionaire wouldn’t back Inbev’s $47bn offer for Anheuser-Busch. Buffett’s three-year investment in the brewer has gone nowhere. The Sage of Omaha could do worse than take his $2.3bn cash – and buy a slab of Inbev stock.

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