Bud Light’s struggling. Now its owner is reportedly buying a punch maker.


Anheuser-Busch InBev , one of the world’s largest beer companies and owner of brands like Budweiser, Stella Artois and Michelob, is reportedly in talks to buy BeatBox, a manufacturer of boxed, wine-based punch, for around $700 million.

You May Also Like

This once-a-year tax-saving move has put these 7 stocks on sale

Fund managers do tax-loss selling now to offset gains — giving value…

Bain Capital to sell its stake in India’s Axis Bank

The company plans to sell 33.37 million shares via a block trade…

Elon Musk now says xAI is delaying its Grok 5 launch until next year

Musk has said the AI chatbot will “feel sentient” and there’s a…

These 3 stock-market sectors can defy the growing ‘sell America’ trade

Tech, financials and healthcare are 3 relatively insulated U.S. stock-market sectors.