Word: labatt
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...things differently. Although its headquarters are in Leuven, where AB InBev can trace its brewing roots back to 1366, the firm's power brokers are Brazilian investment bankers who manage a global empire with a workforce of 120,000 and more than 200 brands of beer, including Beck's, Labatt, Bass and Löwenbräu. It has expanded rapidly, following a series of rapacious mergers and acquisitions in recent years, most notably its takeover of Budweiser brewer Anheuser-Busch in 2008 - after which InBev became AB InBev. But that move also saddled the company with huge debts that...
...InBev's empire sprawls across 200 brands including Beck's, Stella Artois, Labatt, Brahma, Leffe, Hoegaarden and Skol. The combined company will now be called Anheuser-Busch InBev, and headed by InBev's Brazilian chief executive, Carlos Brito. InBev has pledged that the company's North American headquarters would remain in St. Louis, and that none of Anheuser's 12 U.S. breweries would be closed. The two brewers say their merger will generate annual savings of $1.5 billion from measures like better managing the supply chain and that layoffs will be kept to a minimum because there is little current...
...Similar tales emerge from Brazil, where brewery workers have seen their numbers fall from 23,000 in the 1990s to 13,000. And in Canada, where InBev owns Labatt, there were plant closures, layoffs, changes in work rules, years of strikes, and alleged intimidation of union members by outside security forces...
...Anheuser-Busch, the St. Louis superbrewer, is the unhappy target of a $46.35 billion takeover attempt by InBev, a Belgian company run by Brazilian moneymen, which is the world's No. 1 beermaker - its accumulated brands include Stella Artois, Beck's, Labatt and Bass. InBev is known for squeezing the fat from its acquisitions, and the people of St. Louis worry that the good jobs and corporate philanthropy Anheuser-Busch is known for will fall into the category...
Canadians are much more passionate about ice hockey than Americans, and they have not been represented in the Stanley Cup Finals since Vancouver in 1994. I’m happy for you, ya Labatt-drinkin’ socialized health care secular hosers...