Anheuser-Busch InBev and SABMiller Reach Tentative Agreement on Merger

October 13, 2015 10:55 AM

32 0

Anheuser-Busch InBev and SABMiller Reach Tentative Agreement on Merger

LONDON — Anheuser-Busch InBev is on the verge of truly becoming the King of Beers.

The company, brewer of Budweiser and Stella Artois, among other brands, said on Tuesday that it had reached an agreement in principle to acquire its brewing rival SABMiller for about $104 billion.

Also read: Sources: MLB owners, players' union reach agreement on new 5-year labor contract

Read more

To category page

Loading...