AB InBev and SABMiller deal concludes in £71bn merger
The merger between two of the world’s biggest beer companies has now concluded after AB InBv agreed terms with SABMiller over a £71bn takeover deal.
The long discussed merger between the two transitioned into an agreement that will see AB InBev will pay £44 for each share in SABMiller.
In order to gain approval SABMiller will sell its 58 per cent stake in MillerCoors, which produces brands such as Miller Lite and Blue Moon, to Molson Coors for $7.9bn.
The merger will result in the biggest beer firm in the world, producing around 30 per cent of all beer and will Read full story ›
Source: The Drum
