SABMiller and ABInBev have announced that they have reached agreement on a buyout deal that would created the world’s biggest brewing company – by a considerable distance, and to the delight of investors.
The world’s two biggest beer-makers have agreed on a takeover worth £44 a share to SABMiller shareholders, though no doubt there will be considerable regulatory hurdles to be overcome, particularly to satisfy competition authorities in many national markets.
SABMiller stated this morning:
“The Board of SABMiller has indicated to AB InBev that it would be prepared unanimously to recommend the all-cash offer of GBP 44.00 per SABMiller share.”