Budweiser brewer says fourth quarter profits rose

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AMSTERDAM (AP) — ABInBev SA, the maker of Budweiser and the largest global brewer, has reported a 45 percent increase in profits for the fourth quarter of 2013 on a mix of acquisitions, growth, and cost-cutting.

Net profit was $2.52 billion, up from $1.74 billion in the fourth quarter of 2012. Sales rose 4.6 percent to $11.7 billion.

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