COMPANY COMMENT: AB InBev investors leery of change at the top
Anheuser-Busch InBev announces change of leadership at its critical North American operation
Investors didn’t seem very impressed with Anheuser-Busch InBev’s (AB InBev’s) change of leadership at its critical North American operation. The share price eased back in early trade on Tuesday following Monday’s announcement. The appointment of Brazilian-born AB InBev veteran Michel Doukeris is reminiscent of SABMiller’s appointment of Norman Adami to head the recently acquired Miller operation back in 2003.The waters in the local fishing industry have started to look a tad choppier as the 2020 allocation of long-term fishing rights draws closer. There has not been a flurry of activity yet, aside from unlisted Terrafin acquiring the Saldanha Group’s fishing interests and Premier Fishing snapping up squid specialist Talhado. Of course, the big talk around the quays is whether a buyer will emerge for AVI’s fishing assets (I&J, Simplot and a large abalone farm), which have been put up for "review". In the meantime, Bidvest Namibia — a subsidiary of JSE-listed Bidvest — has renewed a c...
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