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AB InBev Set To Purchase SABMiller
October 3, 2016
This past Wednesday Sept. 28, and coincidentally on National Beer Drinkers Day, Anheuser-Busch InBev won approval for its $100 billion takeover of rival brewing giant SABMiller. SABMiller investors voted approximately 95% in favor of the merger making it one of the largest purchases in corporate history.
Corona, Stella and Budweiser will be its largest 3 corporate brands.
Coca-Cola is now being seen as the ultimate target for Anheuser-Busch InBev which is evolving from Megabrew to Megabeverage.
Sources CNBC Live and Seeking Alpha.