SABMiller’s shareholders have approved a potential takeover from drinks rival Anheuser Busch InBev (AB InBev) in what could form one of the world’s largest mergers ever.
The revised deal follows SABMiller rejecting a $79bn bid from AB InBev in July, with the latter now looking to offer as much as $103bn.
A total of 95 per cent of SABMilller shareholders approved the bid.
On this AB InBev chief executive Carlos Brit said: “We are pleased that our shareholders’ vote brings us one step closer to combining our companies, teams, strong heritage and passion for brewing.”
If the pair merge, a very lengthy list of Read full story ›
Source: The Drum