Will CVC Partners bring in co-investor on InBev deal?
Saturday, August 1st, 2009CVC Partners can thank weak credit markets for being the last firm standing with enough interest to bid on Anheuser-Busch InBev’s Central and Eastern European businesses. TPG and KKR had also planned bids but are “blaming” weak credit conditions for bowing out of the process. Given KKR’s very recent successful close of InBev’s Korean assets, you’d think they’d have the process down. In that deal, KKR put down 50% (later split with Affinity Equity Partners), which is also what CVC is rumored to be plunking down for InBev’s latest divestiture. Either way, given the similarty, perhaps we’ll see a familiar name emerge alongside CVC if a sale actually comes through.