+------------------------------------------------------------------------------+
Beam, Oriental Deals Leave Room for More Drinks M&A, Fitch Says 2014-01-23 15:50:03.755 GMT
By Heather Burke Jan. 23 (Bloomberg) -- Purchases of Beam, Oriental Brewery leave room for more beverage deals in Asia, Africa, Americas, with limited targets in Europe, Fitch said in a report. * Carlsberg, SABMiller have most flexibility for deals at current rating among possible buyers in beer industry * Most likely remaining M&A targets are San Miguel Brewery (48% holder Kirin could buy rest of co.) and Compania Cervecerias Unidas (33% Heineken) * Diageo, Brown Forman have more flexibility for deals within spirits * United Spirits’s Whyte & Mackay one of most likely deal targets * NOTE: AB InBev to Pay $5.8 Billion for Korea’s Oriental Brewery NSN MZPCU46VDKHY <GO> * NOTE: Suntory to Buy Beam in $16 Billion Deal to Gain Maker’s Mark NSN MZDOTX6TTDT3 <GO>
Link to Statement:NSN MZV1GR3PWT1D <GO> Link to Company News:2503 JP <Equity> CN <GO> Link to Company News:ABI BB <Equity> CN <GO> Link to Company News:BAS GR <Equity> CN <GO> Link to Company News:BEAM US <Equity> CN <GO> Link to Company News:CARLB DC <Equity> CN <GO> Link to Company News:DGE LN <Equity> CN <GO> Link to Company News:HEIA NA <Equity> CN <GO> Link to Company News:RI FP <Equity> CN <GO> Link to Company News:SAB LN <Equity> CN <GO>
For Related News and Information: First Word scrolling panel: FIRST<GO> First Word newswire: NH BFW<GO>
To contact the editor responsible for this story: Heather Burke at +44-20-7673-2044 or hburke2@bloomberg.net