EU: Poland's state-run insurer PZU not interested in AB InBev’s beer brands

Poland's state-run insurer PZU is not interested in buying a group of beer brands being sold by Anheuser-Busch InBev, which include Pilsner Urquell in the Czech Republic and Tyskie and Lech in Poland, PZU's CEO said on November 10.

"We do not intend to invest equity in this sector. We do not aim to be a shareholder in beer assets, as we focus on our core business," Michal Krupinski told a news conference.

At least six indicative offers have been submitted by industry players and buyout funds for the Anheuser-Busch InBev beer brands in central and Eastern Europe, sources said on November 8. Polish juice maker Maspex Wadowice Group, Hungary's MOL and and PZU submitted a joint offer, the sources said.

11 November, 2016