Markets

AB InBev sees strong sales for main brands like Corona

/ AP

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BRUSSELS - Anheuser-Busch InBev (BUD), the world's largest brewer, has reported a 4.3 percent rise in second-quarter operating profit to $4.01 billion amid strong sales of its main brands Budweiser, Corona and Stella Artois.

The company said Friday that the three brands saw combined revenue grow 8.4 percent in the quarter. Corona was the standout performer with 13 percent growth compared to the year-earlier quarter, while Stella Artois rose 9 percent and Budweiser almost 6 percent.

Earlier this week, AB InBev increased its cash offer for rival SABMiller to 45 pounds ($59.3) per share after some SABMiller shareholders complained that the offer agreed on months ago had been affected by the drop in the British pound.

AB Inbev said Friday its offer was "final" and still hopes to close the deal this year.

First published on July 29, 2016 / 8:50 AM EDT

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