sabmiller

Budweiser & Miller Inch Closer To Altar With Agreement On $104.2B Deal

Budweiser & Miller Inch Closer To Altar With Agreement On $104.2B Deal

Last week, leadership at beer giant SABMiller was not thrilled with Anheuser-Busch InBev’s official marriage proposal, saying it “substantially” undervalued the company. But today Miller announced that the boards of both companies had reached an agreement on principle for a merger valued at $104.2 billion. [More]

By acquiring SABMiller, InBev would gain significant market share in Africa, where beer sales are expected to grow in the coming years. To do that, the merged companies would likely have to divest themselves of holdings in the U.S., where the control a combined 70% of the beer market.

Budweiser Maker Officially Offers $104 Billion To Buy Miller

After SABMiller rejected a $100 billion takeover offer from Anheuser-Busch InBev, the world’s biggest beer company has come forward with a sweeter offer of $104 billion. [More]

Miller Reportedly Turns Down $100B Takeover Offer From Anheuser-Busch

Miller Reportedly Turns Down $100B Takeover Offer From Anheuser-Busch

With the deadline of Oct. 14 looming for Anheuser-Busch InBev to make a firm offer to acquire fellow beer biggie SABMiller, a new report says that the company’s early informal suggestion of “Hey, what do you guys think of $100 billion?” was turned away for being too low. [More]

Anheuser-Busch InBev Asks Miller To Consider Taking Its Hand In Merger Marriage

Anheuser-Busch InBev Asks Miller To Consider Taking Its Hand In Merger Marriage

It’s a mega-merger that’s been hinted at for years, but today it moved out of the realm of “people close to the situation” and into an an actual confirmation from Anheuser-Busch InBev that it has talked to the folks at SABMiller about combining the two beer giants into an even larger beer titan. [More]

Scott Lynch

AB InBev Getting Drunk On Idea Of Buying SABMiller For $122 Billion

It’s late at night and Anheuser-Busch InBev and SABMiller are the only two beer companies left in the bar… mostly because these two have merged with everyone else in town. So what’s the harm in a couple of acquisition-tipsy beer biggies getting together? That’s why AB InBev has reportedly been texting its banking buddies for advice on hooking up with Miller. [More]

(ChrisGoldNY)

The Beer World May Appear Diverse But Just Two Brewers Own 210 Different Brands

There you are in Lesotho, enjoying a nice cold Maluti beer and feeling pretty pumped about the Instagram picture you’re totally going to take to show your friends back home how exotic everything is here. But oh, what’s that? It’s just another one of the 210 brands owned by Anheuser-Busch InBev and SABMiller? The beer world is starting to feel a bit smaller, and there’s good reason. [More]