Japanese brewer Asahi is mulling over a £2.4 billion bid for SABMiller brands Grolsch and Peroni. AB-InBev is planning to offload the two European beer…
Japanese brewer Asahi is mulling over a £2.4 billion bid for SABMiller brands Grolsch and Peroni. AB-InBev is planning to offload the two European beer…
Shockwaves from the proposed merger between the two largest breweries in the world, announced earlier this week, continue to reverberate around the sector. SABMiller accepted AB InBev’s fourth revised offer of £44 a share on Tuesday. The deal values SABMiller at £68 billion. In the US, attention is turning to the combined companies dominance of the beer market, where they would own 78% of all…
The board of SABMiller yesterday agreed in principle to accept AB InBev’s revised offer of £44 a share. AB InBev had previously made offers of £38, £40, £42.15 and £43.50, all of which had been rejected. The agreed offer represents a premium of 50% on SABMiller’s share price of £29.33 a month ago, when AB InBev first expressed an interest in the acquisition. AB InBev…
Government plans to slap a 45p minimum unit price on alcohol will cost drinkers an extra £659million per year and almost half will come from the poorest households, new research has claimed. SABMiller commissioned the Centre for Economics and Business Research (CEBR) to examine potential effects of the scheme, and the centre called it a “poorly targeted measure”. It found the poorest 20% of households…
