The world has a new beer superpower. Anheuser-Busch and SABMiller, already the world’s two biggest brewing companies, are to become one. The deal is worth $77 billion, making it one of the biggest mergers in history.
The US Justice Department has given the go-ahead to a merger between Anheuser-Busch InBev and SABMiller. The deal would pave the way for a brewing company with nearly a third of the beer marker.
The world's two biggest brewers are set to merge after SABMiller recommended the $104 billion takeover offer from industry leader Anheuser-Busch InBev. It would be the biggest acquisition in the beer industry's history.
Shareholders in SABMiller and AB InBev have overwhelmingly given the green light to what will be one of the biggest mergers in corporate history. Both companies spoke of a good deal that presents significant synergies.
Following several rounds of bidding, the world's two largest breweries now look set to merge. Britain's SABMiller has finally agreed to be taken over by Belgian-based Anheuser-Busch in what will be a costly transaction.
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