Anheuser-Busch InBev Completes Deal for SABMiller

November 11, 2015 10:07 AM

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Anheuser-Busch InBev Completes Deal for SABMiller

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.

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