Jim Cramer: Bud's New Branding Is Brilliant

Anheuser-Busch InBev (BUD) - Get Report cares about identities and its new branding is brilliant, said TheStreet's Jim Cramer. In separate news, the Budweiser maker continued its craft-brewer buying spree in its own Belgian backyard as it prepares to finalized its $105.49 billion acquisition of U.K. peer SABMiller (SBMRY) . In Belgium, AB InBev agreed to buy Bosteels from the eponymous family, which founded the brewery in the East Flemish town of Buggenhout more than 200 years ago. The brewery is backed by Dutch private equity firm Waterland.

At the time of publication, Jim Cramer's charitable trust Action Alerts PLUS held no positions in stocks mentioned.