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Carlos Brito

AB InBev, SABMiller strike deal to merge

AB InBev, SABMiller strike deal to merge

NEW YORK — Beer giants Anheuser-Busch InBev has reached an agreement to acquire SABMiller plc in a deal valued at about $108 billion. Clearing the way for the agreement was a deal for SABMiller to sell its 58% stake in its MillerCoors LLC joint venture to partner Molson Coors Brewing Co. for $12 billion. SABMiller’s

Anheuser-Busch InBev’s latest bid nixed by SABMiller

Anheuser-Busch InBev’s latest bid nixed by SABMiller

BRUSSELS, Belgium — Beer giant Anheuser-Busch InBev has offered to buy fellow brewing behemoth SABMiller plc for $104 billion (U.S.) but saw its increased bid quickly rejected. AB InBev said Wednesday that it’s now offering £42.15 ($64.60) per share for SABMiller, a 44% premium from the latter’s closing share price of £29.34 ($44.97) on Sept.