AB InBev to Make Offer For Rival SABMiller

September 16, 2015 10:28 AM

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AB InBev to Make Offer For Rival SABMiller

Anheuser-Busch InBev , the world's biggest beer maker, has approached rival SABMiller about a takeover that would form a brewing colossus that makes around a third of the beer drunk globally.

A merged group would have a combined market value of around $270 billion, based on current prices. It would combine AB InBev's dominance of Latin America with SABMiller's strong presence in Africa, both fast-growing markets, as well as strengthening their position in Asia.

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