On Tuesday, October 13, the world’s two largest beer companies agreed to a proposed $104 billion takeover of London-based SABMiller by industry leader AB InBev. The Merger would be third-largest in history if the deal is completed, and the combined brewer would command about 30% of the global beer market by volume and about 70%…
Tag: Competition
ANHEUSER-BUSCH AND SABMILLER APPROACH A MERGER DEAL
After weeks of tense negotiations and a very public standoff between the two companies, Anheuser-Busch InBev has finally managed to convince SABMiller PLC to accept their takeover bid of $104.2 billion dollars (approximately $68 per share), meaning they are poised to “dominate much of the world’s beer market.”1 Negotiations stretched over weeks between officers of…