US antitrust officials approved beer giant AB InBev’s $108 billion takeover of rival SABMiller Wednesday after requiring the divestiture of SABMiller’s entire US business. Conditions include the already-planned sale of SABMiller’s 58 percent stake in…
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Drink Business: Brewer AB InBev agrees $121bn takeover of SABMiller
The world’s biggest brewer Anheuser-Busch InBev on Wednesday said it had reached formal agreement on a mega-takeover of its nearest rival, Britain’s SABMiller, for $121 billion (112 billion euros) including debt. InBev will pay £44…
SABMiller agrees to mega takeover by rival brewer AB InBev
British brewer SABMiller announced Tuesday that it had agreed a takeover by Anheuser-Busch InBev, the world’s biggest maker of beer, in a deal worth about £71 billion ($109 billion, 96 billion euros). “The boards of…