Wendy future of retail top

SABMiller

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

Brewing giants poised to merge

Brewing giants poised to merge

BRUSSELS, Belgium —  The boards of Anheuser-Busch InBev and SABMiller plc have agreed in principle on the key terms of an offer by AB InBev to acquire rival brewer SABMiller. The companies said early Tuesday that under an increased offer from AB InBev, SABMiller shareholders would receive £44.00 per share ($68.11 U.S.) in cash, with

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.

PP_1170x120_10-25-21