LONDON — Anheuser-Busch InBev said on Wednesday that it had completed an agreement to acquire its closest rival, SABMiller, for about $105 billion.
The deal, reached after a month of negotiations, would create a behemoth in the beer industry with annual revenue of about $64 billion and would give Anheuser-Busch InBev more exposure in faster-growing emerging markets, particularly in Africa and Latin America.
Also read: Post Buying Weetabix in $1.76 Billion Deal
15:51 North Korea Says Ready To 'Sink US Aircraft Carrier With Single Strike'5
23:23 Trump says he does not see expanded role for U.S. in Libya beyond ISIS fight23
21:21 Trump says strong Europe is important for U.S24
01:38 North Korea says 'don't mess with us' as U.S. plans next move24