America for Sale by Ben Steverman
American companies are on sale. Foreign buyers are circling, taking advantage of a weak U.S. dollar and a depressed stock market to snap up U.S. companies at discounted prices.
Recent big deals include the July 13 acquisition of Anheuser-Busch (BUD), the owner of Budweiser and other iconic American beer brands, by Belgian brewer InBev (INBVF) for $52 billion. On July 21, Swiss biotech company Roche Holdings (RHHVF) said it will swallow the rest of San Francisco-based Genentech (DNA) that it doesn't already own for $43.7 billion. And on July 23, Japanese insurer Tokio Marine Holdings (TKOMF.PK) announced plans to buy U.S. insurance company Philadelphia Consolidated Holding (PHLY) for $4.39 billion.
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