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Actionable news in BUD: ANHEUSER-BUSCH INBEV SA/NV,

AB InBev Gains From Push to Premium as SABMiller Deadline Looms

Anheuser-Busch InBev NV said premium beers such Michelob Ultra will push sales above its forecast as it works to meet next week’s deadline for submitting a formal $106 billion bid for SABMiller Plc.

Organic revenue will rise faster than inflation, the world’s biggest brewer said in a statement on Friday, having previously predicted that growth will match that of consumer prices. The Budweiser maker said the boost to sales will more than offset a corresponding increase in costs caused by pushing pricier brews.

AB InBev shares gained as much as 2.5 percent in Brussels. The brewer’s outlook still hinges on the outcome of its planned acquisition of London-based SABMiller, which it must submit by Nov. 4 after twice extending the deadline with the U.K. takeover regulator. The deal doesn’t depend on any asset sales that may be needed...


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