Report: A-B in Talks to Buy BeatBox for $700M

Dear Client: Yesterday afternoon The Wall Street Journal reported that Anheuser-Busch InBev is in talks to buy BeatBox for around $700 million, according to people familiar with the matter. The deal "could come together soon, assuming the talks don't fall apart," the people added.  BeatBox, the mostly wine-based RTD in Tetra Paks, was founded in 2011 and it's been a bright spot in a struggling industry, consistently growing double digits. The company grew from $100 million in revenue in 2023