Anheuser-Busch tops rivals in bidding for CND

04/11/2012 | Wall Street Journal, The

Anheuser-Busch InBev is bidding in a multifaceted deal for the Dominican brewer Cervecería Nacional Dominicana, which produces the popular Presidente beer. A source pegged the price at $2.5 billion. The deal would be second big beer deal in recent weeks -- Molson Coors Brewing announced the acquisition of Eastern European brewer StarBev for $3.5 billion.

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