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  • Global beer leader AB InBev to make offer for rival SABMiller

    Anheuser-Busch InBev (ABI.BR), the world's biggest beer maker, has approached rival SABMiller (SAB.L) about a takeover that would form a brewing colossus that makes around a third of the beer drunk globally.

    A merged group would have a combined market value of around $270 billion, based on current prices. It would combine AB InBev's dominance of Latin America with SABMiller's strong presence in Africa, both fast-growing markets, as well as strengthening their position in Asia.

    Britain-based SABMiller, the world's No. 2 brewer, said on Wednesday that it had been informed by its bigger Belgian rival that it intended to make a proposal but it did not have any further information about the terms.

  • #2
    AB InBev, SABMiller brew up $100 billion deal

    The world's two biggest brewers agreed on Tuesday to create a company making almost a third of the world's beer after SABMiller (SAB.L) accepted an offer worth more than $100 billion from larger rival Anheuser-Busch InBev (ABI.BR).

    The SABMiller board said it would give its blessing to a fifth proposal from its sole larger rival. If it goes through, the deal would rank in the top five mergers in corporate history and be the largest takeover of a UK company.

    After repeated rejections to its lower proposals, AB InBev said on Tuesday it was willing to pay 44 pounds in cash per SABMiller share, with an alternative for cash and shares set at a discount and limited to 41 percent of SABMiller shares.