fbpx
COVERMANUFACTURING

AB InBev, SABMiller in Talks for Possible $257billion Merger

SABMiller
Two of the world’s largest brewers SABMiller, the maker of Peroni and Grolsch and AB InBev are in talks for a possible merger, sources told Times.

Earlier in September, AB InBev, brewer of Budweiser, Stella Artois and more than 200 other brands, approached SABMiller about a takeover that would form a colossus producing a third of the world’s beer.

It was learnt that SABMiller has placed a very high price tag on the table, however, the company is not unreceptive to a deal.

A merged group would have a market value of around $275 billion, and would combine AB InBev’s dominance of Latin America with SABMiller’s of Africa, both fast-growing markets, as well as their breweries in Asia.

About Author

BWN
This is BizWatchNigeria. Nigeria's first online business Newspaper.

Comments (3)

  1. NEW POST: #ABInBev, #SABMiller in Talks for Possible $257billion Merger http://t.co/VMAHsI5Glp http://t.co/POnPC7opML

Comment here

This site uses Akismet to reduce spam. Learn how your comment data is processed.