Investors back £79bn merger between Anheuser-Busch InBev and SABMiller

Investors back £79bn merger between Anheuser-Busch InBev and SABMiller
 

SABMiller said investors backed AB InBev’s £45-a-share offer, which was upped from £44-a-share in July following the collapse in the value of the pound after the Brexit vote.
The record-breaking deal – dubbed “megabrew” – is to complete on October 10, creating a brewing giant with a raft of some of the world’s biggest beer brands.
SABMiller said 95.5 per cent of minority investors approved the deal.
AB InBev needed at least 75 per cent to clinch the takeover.
The two largest shareholders in SABMiller – cigarette maker Altria Group and the wealthy Santo Domingo family of Colombia, which... read more

 
28 September 2016 in Business, Views: 36
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