SABMiller merger with AB InBev agreed

Posted on 12 Nov 2015 by Fred Tongue
A promotional image from AB InBev beer-brand Budweiser - image courtesy of Budweiser

Anheuser-Busch InBev has agreed a takeover deal of SABMiller to create world's largest beer producer.

The owners of Budweiser and SABMiller have agreed a £71bn merger that unites the world’s two largest beer manufacturers. AB InBev agreed to pay SABMiller £44 a share on October 13. To make way for the takeover, SABMiller will sell its 58% share in MillerCoors to business partner MolsonCoors for around £7.9bn. The merger now means that…

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