AB Inbev to buy Craft Brew Alliance

World’s largest brewer Anheuser-Busch Inbev has said it will acquire the rest of the shares in US craft beer company Craft Brew Alliance for $16.50 in cash. The deal values the Portland-based firm at $321 million. AB Inbev currently owns 31.2% stake in Craft Brew. The transaction is subject to customary closing conditions. The acquisition […]