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InBev Backs $52B Budweiser Buyout Bid
more than three-quarters of inbev's shareholders voted in favor of the deal, the name change and the capital increase at a meeting at the company's leuven, belgium headquarters .
that covers the existing equity bridge financing of us$9.8 billion in place since the deal wast announced in july, inbev says, with an extra margin to cover any major currency fluctuations until the company decides the detail of the share issue .
they also backed the appointment of anheuser-busch chief executive august busch iv as a director in the new company and changing control of anheuser-busch's existing us$45 billion senior credits facility and the equity bridge financing of us$9.8 billion .
anheuser-busch agreed on july 14 to be taken over by inbev, heading off what had promised to be a long and acrimonious takeover battle favor the st .
Generated 2008-10-1_22:58
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