The battle of beer giants is about 103.8 billion USD

By: trademagazin Date: 2016. 07. 27. 11:15

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.

sor-sor

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