AB InBev to retain its name after SABMiller takeover



Anheuser-Busch InBev (ABI.BR) said on Wednesday that it would retain its existing name after a planned $100-billion-plus takeover of rival SABMiller (SAB.L).
SABMiller shareholders will vote on Wednesday on whether to accept AB InBev's 45 pound-per-share offer for the world's second-largest brewer, as well as an alternative partly composed of AB InBev shares.
Preceding that vote AB InBev held a meeting of its shareholders to approve the mechanics of the transaction.
AB InBev Chief Executive Carlos Brito, who will head the combined company, outlined the rationale for the deal - including the... read more

 
28 September 2016 in Business, Views: 39
Source: Reuters
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