KKR to Buy InBev Korea Unit for $1.8 Billion
9:42 PM Posted by MH
KFN news
By Kyung Bok Cho
May 7 (Bloomberg) -- KKR & Co. agreed to buy Anheuser-Busch InBev NV’s South Korean beer unit for $1.8 billion, MoneyToday reported, citing an industry official it didn’t identify.
AB InBev and KKR signed a contract yesterday and plan an official announcement soon, the Korean-language Internet news provider said.
The Belgian brewer is seeking to sell $7 billion of assets to help repay $45 billion of borrowings taken on to fund last year’s acquisition of Anheuser-Busch Cos. The company has already sold assets in China and the U.S. and sold bonds to trim the debt, and is considering selling “about five or six” businesses in total, Chief Executive Officer Carlos Brito said at annual shareholders meeting on April 28.
Anheuser-Busch InBev’s $7 billion bridging loan has already been reduced by $3.5 billion following a $5 billion bond sale. The brewer also sold a 19.9 percent stake in China’s Tsingtao Brewery Co. to Asahi Breweries Ltd. for $667 million.
Oriental Brewery’s beer sales by volume rose 6.1 percent in 2008, helped by growth of at least 10 percent in its Cass brand, Anheuser-Busch InBev said in its 2008 annual report. That growth rate was more than double the South Korean market’s, the Belgian brewer said, helping it to win market share from rival Hite Brewery Co., the only other Korean producer.
Hite’s share of South Korea’s beer market fell to 58.2 percent in 2008 from 59.2 percent in 2007, the company has said, citing the Korea Alcohol and Liquor Industry Association.
Nomura Holdings Inc., HSBC Holdings Plc, JPMorgan Chase & Co. and Standard Chartered Plc are arranging syndicated loans for KKR, according to the MoneyToday report.
국내 2위 맥주회사인 오비맥주 인수자로 미국의 사모펀드인 콜버그크래비스로버츠(KKR)가 최종 결정됐다고 월스트리트저널(WSJ)지가 소식통을 인용해 보도했다.
이로써 오비맥주 인수전은 일단락됐지만 경영권보다는 투자에 관심을 보이는 사모펀드 속성상 KKR의 2∼3년 내 재매각이 점쳐지고 이번 인수전의 강력한 인수후보였던 롯데가 맥주시장에 직접 진출하겠다고 밝힘에 따라 향후 국내 맥주 시장은 흥미진진하게 됐다.
이로써 국내 맥주시장을 놓고 하이트맥주, KKR, 롯데가 경쟁을 벌이게 될 전망이다.
http://www.fnnews.com/view?ra=Sent1001m_View&corp=fnnews&arcid=0921644252&cDateYear=2009&cDateMonth=05&cDateDay=04
By Kyung Bok Cho
May 7 (Bloomberg) -- KKR & Co. agreed to buy Anheuser-Busch InBev NV’s South Korean beer unit for $1.8 billion, MoneyToday reported, citing an industry official it didn’t identify.
AB InBev and KKR signed a contract yesterday and plan an official announcement soon, the Korean-language Internet news provider said.
The Belgian brewer is seeking to sell $7 billion of assets to help repay $45 billion of borrowings taken on to fund last year’s acquisition of Anheuser-Busch Cos. The company has already sold assets in China and the U.S. and sold bonds to trim the debt, and is considering selling “about five or six” businesses in total, Chief Executive Officer Carlos Brito said at annual shareholders meeting on April 28.
Anheuser-Busch InBev’s $7 billion bridging loan has already been reduced by $3.5 billion following a $5 billion bond sale. The brewer also sold a 19.9 percent stake in China’s Tsingtao Brewery Co. to Asahi Breweries Ltd. for $667 million.
Oriental Brewery’s beer sales by volume rose 6.1 percent in 2008, helped by growth of at least 10 percent in its Cass brand, Anheuser-Busch InBev said in its 2008 annual report. That growth rate was more than double the South Korean market’s, the Belgian brewer said, helping it to win market share from rival Hite Brewery Co., the only other Korean producer.
Hite’s share of South Korea’s beer market fell to 58.2 percent in 2008 from 59.2 percent in 2007, the company has said, citing the Korea Alcohol and Liquor Industry Association.
Nomura Holdings Inc., HSBC Holdings Plc, JPMorgan Chase & Co. and Standard Chartered Plc are arranging syndicated loans for KKR, according to the MoneyToday report.
국내 2위 맥주회사인 오비맥주 인수자로 미국의 사모펀드인 콜버그크래비스로버츠(KKR)가 최종 결정됐다고 월스트리트저널(WSJ)지가 소식통을 인용해 보도했다.
이로써 오비맥주 인수전은 일단락됐지만 경영권보다는 투자에 관심을 보이는 사모펀드 속성상 KKR의 2∼3년 내 재매각이 점쳐지고 이번 인수전의 강력한 인수후보였던 롯데가 맥주시장에 직접 진출하겠다고 밝힘에 따라 향후 국내 맥주 시장은 흥미진진하게 됐다.
이로써 국내 맥주시장을 놓고 하이트맥주, KKR, 롯데가 경쟁을 벌이게 될 전망이다.
http://www.fnnews.com/view?ra=Sent1001m_View&corp=fnnews&arcid=0921644252&cDateYear=2009&cDateMonth=05&cDateDay=04
May 6, 2009 at 10:02 PM
KFN 을 갖고 있는 홀더에게는 호재인가요? 전 호재인것 같군요.!!