AB InBev plans takeover bid for SABMiller

September 16, 2015 10:02 AM

41 0

Brace yourself for a giant beer merger.

Anheuser-Busch InBev (AHBIF), the world's largest brewer, is set to make a takeover bid for its biggest rival SABMiller. Combining the two would create a company with a market capitalization of about $276 billion, and annual sales of $55 billion.

Also read: Rupert Murdoch seeks to add $14 billion crown jewel, British Sky, to Fox empire

Read more

To category page

Loading...