Marketing, E-commerce and Digital Design, Product Management, Brand Development, Design, Advertising and Consultancy

AB InBev closer to landmark merger with SABMiller as shareholders accept $103bn bid

on Sep 28, 2016 | 0 comments

By John McCarthy

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