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InBev Shareholders To Help Finance Anheuser Deal

Belgian brewer said its major shareholders expect to buy up about one-tenth of new shares being issued to help pay for the $52 billion takeover of Anheuser-Busch.

BRUSSELS, Belgium (AP) -- Brewer InBev SA said Monday its major shareholders expect to buy up about one-tenth of new shares being issued to help pay for a $52 billion takeover of Anheuser-Busch.

InBev's purchase of Anheuser-Busch will create the world's largest brewer under the name Anheuser-Busch InBev.

The Belgium-based company plans a capital increase this month to raise $9.8 billion for the purchase.

It said its two main groups of shareholders each plan to take 600 million euros ($830 million) of the new shares, and may seek to buy more.

Some 60 percent of Inbev is held by several Brazilian financiers -- including the investment banker Jorge Paulo Lemann -- and a group of Belgian aristocratic families who founded the business.

Anheuser-Busch's shareholders must approve the deal, but have yet to set a date for a vote.

The takeover would bring together the makers of Budweiser, Michelob, Bud Light, Stella Artois and Beck's.

InBev is now the world's second-largest maker of beer, close behind SABMiller. Swallowing Anheuser-Busch would see it capturing half of the U.S. beer market and a fifth of China and Russia.

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