Area 51 Aliens Are Not Behind Anheuser-Busch’s Planned Asset Sales

Anheuser-Busch InBev appears to be considering a sale of some of its assets following its decision to call off the IPO of its Asian business. The decision comes on the heels of scraping its Asia IPO. Still, Anheuser-Busch hasn’t lost its sense of humor. Rather than dwell on the IPO loss, it instead decided to have some fun with its Bud Light brand in regards to the viral “Area 51” story:

The Greatest Beer Company in The World

Anheuser-Busch is the owner of over 500 brands including Budweiser, Corona, Stella Artois, and countless other names spread throughout the world. Now the company may be looking to unload Central American, Australian, and South Korean assets in order to trim its debt load.

The IPO had been targeted to raise close to $10 billion. Anheuser-Busch carries about $105 billion in debt, which costs it some $4.5 billion annually to service and which is almost a quarter of its operating income.

Aliens Are Great Brand Ambassadors

Tweets like these are what help define the Budweiser and Bud Light brands, and that is the key to Anheuser-Busch’s long-term success. Alcohol is a great business and – despite Anheuser-Busch’s debt-heavy acquisition spree that helped it remain competitive – it generates enormous and regular free cash flow.

Anheuser-Busch had over $9.5 billion in free cash flow last year, and it often exceeds $10 billion.

Unlike certain dumb companies that get involved in blockchain, Anheuser-Busch sticks to its knitting.

Beverage tastes are constantly in flux, and Anheuser-Busch has done an exceptional job is making deals that allow it to remain relevant and competitive. The humor associated with the Bud Light brands and other marketing campaigns for its other brands has always been brilliantly executed.

Bud Light has always…

Source Link