Anheuser-Busch InBev NV, the world’s biggest brewer, is seeking to buy South Korea’s Oriental Brewery Co. Ltd. from KKR & Co. and Affinity Equity Partners Ltd., said two people with knowledge of the matter.
European stocks were little changed, with the Stoxx Europe 600 Index completing its biggest monthly gain since October 2011, as a report showed the U.S. economy expanded at a faster-than-expected pace.
SABMiller Plc., the world’s second- largest brewer, will send its Victoria Bitter beer the way of New Coke, discarding a recipe change that saw VB overtaken as Australia’s top seller by Kirin Holdings Co.’s XXXX Gold.
The Burger King hamburger chain made a dramatic decision in August. It dethroned the King -- the mascot who had danced through its advertising in various guises for more than 50 years. The marketing move was made by the struggling company’s new management, appointed after it was taken private in 2010 by 3G Capital Inc., a New York-based investment firm with roots in Brazil.