Budweiser maker finalizes $107 billion bid for SABMiller
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Anheuser-Busch Brewery at St. Louis. Photo courtesy wikipedaiLONDON (AP) — Anheuser-Busch has announced a final agreement to buy Miller for $107 billion. It’s a deal that will combine the world’s two biggest brewers and create a company that makes almost a third of beer consumed worldwide.
SABMiller’s agreement to sell its 58 percent stake in a venture with fellow brewer Molson Coors for $12 billion should ease regulator concerns that AB InBev would have a stranglehold on the U.S. market after the merger.