At least six offers have been submitted by industry players and buyout funds for a group of beer brands being sold by Anheuser-Busch InBev, sources familiar with the matter said on Tuesday.
First-round bids for the brands, which include Pilsner Urquell in the Czech Republic and Tyskie and Lech in Poland, were due on Monday, according to the sources, who declined to be identified as the process is private.
Worth more than 5 billion euros ($5.5 billion), the brands were put up for sale as part of A-B InBev’s $100 billion-plus takeover of SABMiller, which closed last month.
The sources expect second-round bids to be submitted next month.
Read more: St. Louis Post-Dispatch