Belgium-based ABInbev, the recently formed brewing behemoth, has already sold a 20% stake in Chinese brewer Tsingtao for $667 million and its Labatt's business in the U.S. But it needs more cash to manage the $52 billion takeover of Anheuser-Busch it completed last November... $45 billion of the deal was debt.

Profit, sales, and total beer volume were all down in 2008, so the company is cutting costs by $1 billion, cutting executive bonuses, and slashing the dividend. It's also looking to sell U.S. theme parks like SeaWorld and Busch Gardens, and South Korean and German breweries, including the one that makes Beck's.

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