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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

Blackstone Mulling InBev Amusement-Park Bid - Source

23/09/2009 5:56pm

Dow Jones News


Budgens Ass Csh (LSE:BUD)
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Blackstone Group LP (BX) is looking into a possible deal to buy Anheuser-Busch InBev NV's (BUD) theme parks, a person familiar with the matter said Wednesday.

InBev, which bought Anheuser-Busch last year, has been looking for months to find a buyer for theme parks operated under Busch Entertainment Corp. The amusement parks include SeaWorld and Busch Gardens.

Any deal would allow InBev to pay down debt incurred from its acquisition of Anheuser-Busch. For Blackstone, it would expand the private-equity company's theme-park holdings. It already owns 50% of Universal Orlando; the other 50% is owned by NBC Universal, which is 80% owned by General Electric Co. (GE) and 20% by Vivendi SA (VIVDY).

No deal was expected imminently.

Anheuser-Busch InBev couldn't immediately be reached for comment.

-By Joe Bel Bruno, Dow Jones Newswires; 212-416-2469; joe.belbruno@dowjones.com

 
 

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