The author is a Reuters Breakingviews columnist. The opinions expressed are his own.
Anheuser-Busch InBev is being way too coy about the upside in its $100-plus billion offer to buy SABMiller. The number that matters most in the Budweiser brewer’s plan unveiled on Nov. 11 is its estimate of the cost savings, which AB InBev pegs at around $1.4 billion a year. It’s low, verging on the...
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