AB InBev makes $103.63 billion offer for SABMillerStaff writer ▼ | October 7, 2015
Anheuser-Busch InBev increased its bid for SABMiller to 42.15 pounds per share in cash, valuing the company at nearly 68 billion pounds ($103.63 billion).
Fluids An attractive offer for SABMiller shareholders
Anheuser-Busch InBev said it believed the offer would be attractive to SABMiller shareholders, adding it was disappointed the British company had rejected both previous approaches.
The merged group would add Africa and certain Latin American and Asian breweries to AB InBev's large presence across the Americas and bring SABMiller's Peroni, Grolsch and Pilsner Urquell to AB InBev's existing line-up including Budweiser, Stella Artois and Corona. ■