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BUD Budgens Ass Csh

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Share Name Share Symbol Market Type Share ISIN Share Description
Budgens Ass Csh LSE:BUD London Ordinary Share QQ0031762107 ORD 10P (ASSD MUSGRAVE INVESTMENTS CASH)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.00 -
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Anheuser-Busch Inbev, PepsiCo To Make Joint Purchases In US

13/10/2009 11:11pm

Dow Jones News


Budgens Ass Csh (LSE:BUD)
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   DOW JONES NEWSWIRES 
 

Beer giant Anheuser-Busch Inbev NV (BUD, ABI.BT) and food and beverage giant PepsiCo Inc. (PEP) agreed to jointly purchase goods and services for their U.S. operations to get more competitive prices.

The purchases may include information-technology hardware, office supplies, travel services, transportation, and maintenance, repair and operating supplies.

A team of procurement experts for each company will focus on common areas of spending and negotiate purchases on behalf of both companies.

Anheuser-Busch Inbev's shares fell 0.2% to $47.46 in after-hours trading while PepsiCo's rose 1 cent to $60.61.

-By Kathy Shwiff, Dow Jones Newswires; 212-416-2357; Kathy.Shwiff@dowjones.com

 
 

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