Anheuser-Busch Expands Sponsorship Deal With MSG Family of Companies

BRUSSELS/FRANKFURT/PARIS (dpa-AFX) - Anheuser-Busch (BUD) said it will invest $30 million to upgrade brewing and packaging equipment at its Jacksonville, Florida, brewery and can plant, increasing production capacity for Michelob ULTRA, the company's top-selling and fastest-growing beer.

The investment forms part of its Brewing Futures programme, under which the brewer has spent more than $300 million across U.S. facilities in the past year to support manufacturing jobs, skills training, and veteran employment. Company executives said the Jacksonville upgrades will expand bottling lines and brewing tanks, helping meet rising demand for the brand.

Local and state officials said the project is expected to strengthen Jacksonville's manufacturing base, create new job opportunities, and drive economic growth in Northeast Florida. Anheuser-Busch has invested more than $100 million in its Jacksonville operations since 2021 as part of nearly $2 billion committed to its U.S. facilities over the last five years.

BUD currently trades at $63.9 or 1% higher on the NYSE.

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BRUSSELS/FRANKFURT/PARIS (dpa-AFX) - Anheuser-Busch InBev (BUD) said it has exercised its right to reacquire the 49.9% minority stake in AB InBev's US-based metal container plants from a consortium of institutional investors led and/or advised by affiliates of Apollo Global Management (APO), for a price estimated to be approximately $3 billion. The company expects the transaction to be EPS accretive in year 1.

Anheuser-Busch InBev said its US-based metal container plant operations include seven facilities across six states and are a strategic component of its business.

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By Andrew Bary

This article is an excerpt from "Amazon and 9 More Stocks to Buy for 2026," published on Dec. 12, 2025. To see the full list, click here.

Sports investing is hotter than ever, with record prices being paid for professional teams. Not so Madison Square Garden Sports, the owner of the New York Knicks and New York Rangers.

The combined value of the Knicks and Rangers is probably over $13 billion. The NBA's Los Angeles Lakers were sold in 2025 at a valuation of $10 billion, and the Knicks are probably worth at least that. The Rangers' estimated value is more than $3 billion. MSG Sports, whose shares trade around $225, is valued at $5.4 billion. The stock is up 30% over the past five years, well behind the market and the increase in private team values.

The stock trades cheaply because CEO James Dolan has ruled out a sale of the company, which is controlled by his family. His attitude is bad corporate governance, but Jon Boyar, president of the Boyar Value Group, says it could spin off one of the teams into a separate company, or sell a partial stake in one or both of the teams to private investors and use the proceeds to repurchase stock. A tax-law change in 2027 will penalize owners of public sports teams, which could pressure the company to consider a sale.

"MSGS is one of the best risk/reward setups in the market today," says Boyar, who values the company at nearly $500 a share.

Write to Andrew Bary at andrew.bary@barrons.com

This content was created by Barron's, which is operated by Dow Jones & Co. Barron's is published independently from Dow Jones Newswires and The Wall Street Journal.

Budweiser Brewing Co. APAC's upcoming chief financial officer change signals its parent company's determination to revive its China business, DBS Group Research analysts say in a note. Its appointment of Bernardo Novick, a veteran of parent company Anheuser-Busch InBev, is the third senior management change the Chinese brewer has made this year, the analysts say, adding that the moves suggest a stronger push towards execution discipline after several years of earnings volatility. The new CFO's long tenure at AB InBev indicates continuity in financial strategy, while his multi-market experience across functions could strengthen coordination between the company's finance and commercial teams, DBS adds. DBS maintains a buy rating and HK$9.40 on Bud APAC's stock, which is 0.6% lower at HK$7.83. (megan.cheah@wsj.com)

ST. PAUL, MN / ACCESS Newswire / December 16, 2025 / The Beverage Industry Environmental Roundtable (BIER) is pleased to announce the appointment of Celine Morris as its new Associate Director, effective January 2026. In this expanded leadership role, Celine will help guide BIER's strategic direction, strengthen cross-member collaboration, and advance the organization's mission to drive environmental sustainability across the global beverage sector. Her promotion reflects both her demonstrated leadership and BIER's continued commitment to operational excellence and industry-leading impact.

Celine has served as BIER's Program Manager for the past year while also working as a Senior Manager at Antea Group and an Alliance for Water Stewardship (AWS) Credentialed Specialist. During her tenure, she played a pivotal role in supporting BIER's 2025 workstreams, member engagement, and technical initiatives. Her work has contributed directly to enhanced coordination across member companies and the delivery of high-quality, data-driven outputs.

Throughout 2025, Celine supported the execution of BIER's Spring and Fall Roundtable Meetings, where members engaged in forward-thinking discussions and collaborative problem-solving across critical environmental topics, including nature-positive strategies, advanced methods for measuring water replenishment co-benefits, exploration of breakthroughs in renewable thermal energy solutions, and best practices for designing and implementing Collective Action water projects. Additionally, Celine strengthened member readiness through BIER's Regulatory Round-Up and Ad-Hoc Sessions, which she helped coordinate and facilitate. Her work ensured that members remained aligned, informed, and equipped to respond to emerging sustainability challenges.

As Associate Director, Celine will continue to serve as a key liaison between BIER's global membership, technical workstreams, and partner organizations. She will support Executive Director Erica Pann in providing strategic leadership across BIER's technical focus areas, including advancing water stewardship, driving climate action, strengthening sustainability reporting, promoting circular systems, and supporting nature and biodiversity efforts across the sector. In this role, she will also help ensure operational excellence, effective governance, and strong member collaboration, while contributing to BIER's long-term strategic roadmap and alignment between member priorities and technical workstream execution.

"Celine has been instrumental in driving BIER's work forward and strengthening our engagement model," said Pann. "Her technical expertise, program leadership, and commitment to collaboration make her an outstanding fit for this role." Pann added, "We are confident that Celine's leadership will continue to elevate BIER's impact across the beverage sector."

BIER congratulates Celine on this well-deserved appointment and looks forward to her continued leadership in advancing industry-wide sustainability progress.

For more information, please contact: Erica Pann, BIER Executive Director Erica.Pann@anteagroup.us

About BIER

BIER is a technical coalition of leading global beverage companies working together to advance environmental sustainability within the beverage sector. Formed in 2006, BIER is a common voice across the beverage sector, speaking to influence global standards on environmental sustainability aspects most relevant to the sector, affect change both up and down the supply chain, and share best practices that raise the bar for environmental performance of the industry. By doing so, BIER is able to monitor data and trends, engage with key stakeholders, develop best practices, and guide a course of action for the future. BIER members include Anheuser-Busch InBev, Asahi Group Holdings, Bacardi, Brown-Forman, Carlsberg Group, The Coca-Cola Company, Constellation Brands, Diageo, Heaven Hill Brands, Heineken, Keurig Dr Pepper, LION, Molson Coors, Monster Energy, Ocean Spray Cranberries, PepsiCo, Pernod Ricard and Suntory Global Spirits. For more information, visit www.bieroundtable.com.

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Contact Info:

Spokesperson: Beverage Industry Environmental Roundtable

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SOURCE: Beverage Industry Environmental Roundtable

View the original press release on ACCESS Newswire