The battle of beer giants is about 103.8 billion USD
Anheuser-Busch InBev boosted its offer for beer rival SABMiller in an attempt to salvage a global merger threatened by the United Kingdom's vote to leave the European Union.
Belgium-based Budweiser maker AB InBev raised the cash-only component of its offer for British-South African rival SABMiller from 44 pounds per share to 45 pounds per share. SABMiller's board had tentatively agreed to accept the original deal, but its investors have not signed off — and during that period the pound has declined sharply following the so-called “Brexit” vote. The new offer is worth about 103.8 billion USD. (portfolio.hu)
Related news
Stabilizing premium segment, strengthening non-alcoholic offer – this is how the EU and domestic beer market developed in 2024
In 2024, the European Union Member States produced a total…
Read more >The acquisition is complete: Eisberg Hungary is now a member of Green Factory
As part of a strategic acquisition, Poland-based Green Factory has…
Read more >The German beer market has sunk to a historic low – alcohol-free versions are becoming increasingly popular
German beer sales fell to a more than 30-year low…
Read more >Related news
Meili Vodka debuted in Hungary with Jason Momoa
One of the most awarded vodkas of the past two…
Read more >Labubu fever: Pop Mart is racing with a nearly 400% profit increase – already ahead of Mattel and Sanrio
The craze built around the “ugly-cute” Labubu figures, blind box…
Read more >8.5 million baked goods sold in one year: local bakeries, artisanal flavors, conscious choices at Kifli.hu
In the past 12 months, customers have ordered more than…
Read more >