AB InBev set to take-over SABMiller in £68bn deal

bud web1

By close of play tomorrow (14th October) Anheuser-Busch InBev is expected to confirm its firm intention to pay around £68bn for SABMiller. The merger will create the world’s biggest beer company, responsible for 30% of the world’s beer production. In a statement the two companies said they had “reached agreement in principle on the key terms.” The SABMiller Board confirmed it would “be prepared unanimously to recommend the all-cash offer of £44.00 per SABMiller share to SABMiller shareholders.” AB InBev’s brands include Budweiser and Stella Artois and Corona, while SABMiller produces Miller Genuine Draft, Peroni, Grolsch and Blue Moon.

The all-cash offer represents a premium of approximately 50% to SABMiller’s closing share price of £29.34 on 14 September 2015 (being the last business day prior to renewed speculation of an approach from AB InBev).

Share:

SIMS-COVID-JULY-DRAM-FINAL-01

SIMS-COVID-JULY-DRAM-FINAL-01

Back-to-Business Promotions Morning-Advertiser-MPU week3 370x250

Back-to-Business Promotions Morning-Advertiser-MPU week3 370x250

Contact us

Upper Floor Finnieston House 1 The Stables Yard 1103 Argyle Street Glasgow G3 8ND
0141 221 6965

Social

Menu