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FUNMAN

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FUNMAN

Re: None

Tuesday, 07/30/2019 4:04:23 PM

Tuesday, July 30, 2019 4:04:23 PM

Post# of 1726
Setback for Anheuser-Busch InBev in India
Jul. 30, 2019 7:52 AM ET
By: Clark Schultz, SA News Editor

The New Delhi city government bans Anheuser-Busch InBev (NYSE:BUD) from selling products for three years for allegedly evading local taxes, according to Reuters.

Anheuser-Busch InBev says it will appeal the order.

New Delhi is a showcase for A-B's premium beer portfolio in India.

Shares of BUD are down 0.88% premarket to $100.77.
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