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Monday, January 20, 2014

BRIEF-AB InBev to reacquire Oriental Brewery for $5.8 bln, (NYSE: BUD)

Anheuser-Busch InBev SA : * To reacquire oriental brewery, strengtheningits position in the fast-growing Asia pacific region * Deal for 5.8 billion usd. * Will reacquire ob earlier than July 2014, as it wasoriginally entitled to under the 2009 transaction. * Will receive approximately 320 million usd in cash atclosing from this transaction * Now expects to achieve a ratio below 2.0x after the end of2014. * Estimates 2013 EBITDA at about 529 billion krw or approximately

Anheuser-Busch InBev SA, formerly Anheuser-Busch InBev SA/NV, is a brewing company. Shares of BUD fell by 1.91% or $-1.98/share to $101.47. In the past year, the shares have traded as low as $83.94 and as high as $106.83. On average, 1136470 shares of BUD exchange hands on a given day and today's volume is recorded at 2721091.