Start 14-Day Trial Subscription

*No credit card required

Editorial Dept.'s picture

AB InBev Set To Purchase SABMiller

This past Wednesday Sept. 28, and coincidentally on National Beer Drinkers Day, Anheuser-Busch InBev won approval for its $100 billion takeover of rival brewing giant SABMiller. SABMiller investors voted approximately 95% in favor of the merger making it one of the largest purchases in corporate history.

Corona, Stella and Budweiser will be its largest 3 corporate brands.

Coca-Cola is now being seen as the ultimate target for Anheuser-Busch InBev which is evolving from Megabrew to Megabeverage.

Sources CNBC Live and Seeking Alpha.