Anheuser-Busch InBev's (ENXTBR: ABI) interest in SABMiller (LSE:SAB) makes total sense: A play for global beverage domination.
There are already nine beverage companies, including Pepscico (PEP), Anheuser-Busch InBev and Coca-Cola (KO) that pulled in more than 60% of the total revenue reported by beverage companies that trade on major exchanges around the world, according to a USA TODAY analysis of data from S&P Capital IQ.
Also read: Caterpillar Says Sales Woes Could Linger
11:41 Caterpillar earnings: 85 cents per share, vs expected EPS of 76 cents18
11:10 Merged BAT-Reynolds could be loaded with up to $55 billion of debt, analysts say7
11:01 Comcast Reports Strong Earnings, Powered by Rio Olympics8
16:36 AT&T, Time Warner poised to lobby lawmakers, regulators on proposed $85-billion merger20