The $107 billion (with a b) merger of beer titans Anheuser-Busch InBev and SABMiller has cleared a major hurdle today, with the U.S. Justice Department signing off on the merger — under the condition that Miller divest itself of all its remaining U.S.-based businesses. [More]
molson coors
Anheuser-Busch CEO Tells Congress That Mega-Beer Merger Is Good For Everyone, Really
By 12.8.15
Executives involved in the billion-dollar beer merger between Anheuser-Busch and SABMiller tried to paint a rosy picture of its impending marriage — despite a wealth of contradictory testimony — assuring lawmakers that there’s really no downside to the deal: everyone will benefit, even consumers. [More]
Big Beer CEOs To Testify In Front Of Congress On The Awesomeness Of Mega-Merger Tuesday
By 12.7.15
There are billions of reasons (or rather dollars) for the executives for Anheuser-Busch InBev, SABMiller and Molson Coors Brewing Co. to prove that a mega-beer merger is a brilliant plan, and now it looks like they’ll have their chance to opine on its greatness by testifying in front of Congress tomorrow. [More]
Anheuser-Busch InBev, SABMiller Finalize Merger, Agree To Sell MillersCoors Brand To Molson For $12B
By 11.11.15
After receiving more time to finalize its offer to acquire SABMiller, Anheuser-Busch InBev made a formal $107 billion bid for the company on Wednesday. The deal includes a record $75 billion loan and confirms the anticipated divestiture of SABMiller’s stake in its largest brand: MillerCoors. [More]
