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Mol bids for Anheuser-Busch brands, Reuters reports

MNB

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Hungary’s oil and gas company Mol is one of at least six companies submitting indicative offers by industry players and buyout funds for a group of beer brands being sold by Anheuser-Busch InBev (ABI.BR), Reuters reported yesterday citing unnamed sources familiar with the matter.

The brands, worth more than EUR 5 billion, have been put up for sale as part of AB InBevʼs $100 billion-plus takeover of SABMiller, which closed last month, Reuters recalled. 

First-round bids for the brands of the company, including Pilsner Urquell in the Czech Republic and Tyskie and Lech in Poland, were due on Monday, Reuters reported, citing sources wishing to stay anonymous due to the private nature of the deal.

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