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Home>InBev Profit Hit by Foreign Exchange Charge

InBev Profit Hit by Foreign Exchange Charge

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Fri, 29 Jul 2016

By Ian Walker and Tripp Mickle Anheuser-Busch InBev NV on Friday reported a massive drop in second-quarter net profit, as it booked a $1.77 billion charge against foreign exchange hedging toward its $100 billion-plus beer megamerger with SABMiller. In December, AB InBev hedged GBP45 billion ($59.31
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